TIPS AND RECOMMENDATIONS

Tips on market are plenty, they float in air. One can expect them from the most unexpected quarters. Taking lunch with two stock experts (self proclaimed!) load me with full of them. They also warns me about the danger of picking tips without any analysis. Market Tips are mainly, as I believe are unconfirmed news, may be rumours without any basis. But stock market investors rely heavily on them, specially the small investors like me.

Most of the small investors also believe that the free recommendations by Brokers and Broking Houses as a prelude to unload their or their customers holdings. At times, if you follow their recommendations you can find that, that is the truth. But they have to keep their reputations, they just can not do that every time. They have expertise to value a stock more fairly than us, the small investors.

One also needs hell lot of time to spare to identify a potential winner with very limited resources of information. (Cummins India took me some real effort. Hey, it is going up!!) We have to depend on the tips and recommendations. And most common phenomena is erosion of our small capitals/ losing money. One has to be aware of these two while investing.

I am studying Fortis and Binani Cement, will the Institutional Investors of these two scripts allow them to linger in such darkness?

Ciao.