Money Tree

Yesterday the sensex breached that 9800 mark, now the sensex may slip down further to 8500-9000 levels to see buying interest from various investors. Mutual Fund redemptions are increasing and thereby increasing selling pressure from the mutual funds. The valuations have come down significantly, some of the stocks are oversold specially the mid caps and small caps. If you want to invest for a long term, you may start selecting the stocks now, the bottom is very near.