With the Sensex at 17,500 at the time of writing this piece, most brokers and analysts are undecided about the general direction of the market. In the last issue, we had stood by our Sensex target forecast of 25,000. At that time, the markets were experiencing their worst-ever crash in recent history. Many bulls were reviewing their forecasts at that time, and the consensus was that the ...

These funds have a good long-term record and have weathered the recent storm well. Shailendra Lotlikar analyses

The current volatility and the correction in equity prices make it a good time to enter the Indian market,” says a senior official at Morgan Stanley Mutual Fund. It had just launched an open-ended equity scheme on Thursday, 7 February 2008 even as the market sank a good 600-odd...