STI closed a new low breaking the previous low at Oct 08.
While STI is slightly lower than the low of 1600 on 24 Oct 08; however, the portfolio value as of today closing is 19% higher than the value at the closing on 24 Oct 08.
Why leh? Let me think through .......
Oh. Since 24 Oct 08, I have been re-balancing, swapping counters to diversify or replacing "dead" counters in the portfolio, and it is showing some positive results.
So be brave and control your emotion over losses. During the time of market depression, it will also present you with better opportunity for you to re-balance, swapping counters to diversify or replacing "dead" counters in the portfolio at current reasonable price level.
India’s FirstCry set to withdraw $500m IPO papers after regulatory scrutiny
-
Indian retailer FirstCry is set to withdraw its papers for an up to $500
million IPO as early as next week after India’s markets regulator raised
questions...
1 hour ago