Stock market is not T-20, but a Test match; investors must try to score triple century: Nilesh Shah
Nilesh Shah, MD, Kotak Mahindra AMC explains this eloquently with a cricket analogy. "Investors should not play T-20, but get into Test match mode. Do not predict all-time high because hitting a six here and there won't amount to much. Investors should rather try to score double and triple centuries," he said. "Markets will keep rallying in the long-run. 11 years ago, Sensex quoted at the value where Nifty is moving today. In the next 11 years, Nifty will reach the figure Sensex is quoting now," he explained.
Stock market investment does not appear to be easy. A good chunk of population stays away from equity investment under the belief that the capital would somehow vanish into thin air if they did. Image source: IANS