Sensex can go below 10,000: Sharma
The Sensex, which rose a little more than 700 points, or 5.4%, on Wednesday, surrendered a large part of its gain and lost 4.18%, or 570 points, to close at 13,094.11 on selling pressure
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Sensex is at 13000 now. Falling below 10000 levels would be an almost 25% fall from current position. I am not sure if this is going to happen. However, I am not an expert and have little limited knowledge gathered from news channels and sites like www.nseindia.com, www.moneycontrol.com, www.appuonline.com. I was thinking of buying some shares now, but if sensex really falls below 10000 what should be my investment strategy?
Anurag