The year 2014 was surely one for the stock market. Having witnessed a ~30% rise for the Nifty and Sensex in the previous year, the predictions for the New Year are markedly divided in logic and argument. Some marketmen feel 2015 may bring about only a single digit upsurge while some others are more hopeful in their analysis. The contrasting forecasts are hardly a matter of concern, for this is the time to gainfully focus on individual stocks rather than pin hopes on the overall market or fret and fume over its likely direction. There are many individual stocks with the power to yield 30% returns and hence the hunt should be for such potential winners.
Yes, corrections would indeed remain an integral feature of the market voyage, as they have always been, but more importantly, the overall trend is only pointing to an upward march. Never mind the ensuing dips; the market is well poised to record new highs in the years to come. Far from indecision, this is the time ripe for positive action…this is the time to correct the reactionary sentiment of panic and perplexity that gains ground on every correction…this is the time to increase our hand‐picked exposure to that phenomenal investment avenue called equities.
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