Friday, February 15, 2008

Stock Market Mania

Recently I got a DeMat and trading account done. So for the last one week, I have been experimenting with trading. Not with very big amounts of course. At no point is my exposure in the market more than 10k. With the recent market crash, most stocks have corrected by nearly 20 - 30 percent and its a really good time to buy right now. However, I made my first profits today. With an investment of around 3.2k, i made about 130 bucks. After Brokerage charges and taxes and such, thats probably a profit of little under Rs. 100 Considering the market went up by 800 points yesterday, this is hardly a big acheivement to speak of. But it still does feel good to have made some profits on the stock market.