Some are still not happy. The reason –as I heard from many colleagues – “The stocks that I bought are not rising. What should I do?”.
Here is a news item of yesterday – “Cairn to replace MTNL and Idea to replace HPCL in Nifty Index.”
Then, CNBC TV 18 further elaborated on the news item: NSE today announced that MTNL will be replaced by Cairn on Dec 12, hence the MTNL stock was down almost 6%.
This is what is called stock risk. The overall market is going up, touching new highs everyday. Yet, some of your stocks are not performing. Instead, they may be going down.
The investors in MTNL are the ones who are suffering. Considered a bluechip stock, and a part of Nifty index, today it is paying the price for non-performance.
That is the reason why Index based investing is the most efficient strategy, as explained in my article Simplest Investment Strategy and Index fund Investments .
Choice is yours!
Link to previous article How are the stock markets working?
Have questions, please read the comments and post your views and queries in the comments section which helps in open discussion and avoids duplicity of questions.
You may be interested in reading my previous articles. Here is the link to Table of Contents in a chronological order.