Wednesday, May 5, 2010

You are a fool!!!!

Mark this day and the time and following statement from Deepak Parekh, the Chairman and Managing Director of HDFC.

I would say that if you do not put it in the stock market you are a fool.

The statement was said in response to the following question asked by Vir Sanghvi on a show named "Tycoons"
Supposing somebody came to you, youngish guy and said I have Rs 10 lakh, I don’t want to look at them for another 10 years, should I put them in the stock market what would you say?

Let's also note down Sensex and Nifty values @16925 and @5075 respectively. Let's see how our corporates are doing in predicting the future course of stock market in India.
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