A very nervous trading / investing period with the first quarter results not so good and reaffirming the March quarter results and with umpteen audit / rating frauds surfacing rising a question on the authenticity of results of listed stocks (medium and small giving scope for much more manipulations and falsehood) of Indian stock market. With governance so poor, with PSBs relentlessly increasing their frauds and misrepresentation of NPAs, a fear is lurking that 2008-09 may repeat and index may fall by 50%, however much the manipulators try (they kay empty their basket on as-is-where-is basis). Please advise small / retail investors to stay away till world recession recovers and China withstands onslaught of Trump (this may go till next US election).
