Wednesday, January 23, 2008

'Don't panic, stay invested'

On January 21, the Sensex tumbled by 1,408 points on concerns over American economy going into a recession.

January 22 was no different. Trading was suspended for an hour within minutes of markets opening when the Sensex touched 15,576.30 points, 11.53 per cent lower compared to Monday's close.

On January 23, however, the stock markets finally ended in the positive region, up 864 points.

Did you make losses during the current market crash? What strategy should you adopt to recover your losses?

Is this the right time to buy stocks? If so, which stocks and sectors should you concentrate on?

Market expert Pranav Sanghavi answered to many such readers' queries during an online chat on Wednesday. Here is the transcript: For More Click Here...