Here is the chart which shows the amount of losses that some sectoral indices have seen in 2011, which have erased the gains made in the whole of 2010.
The
worst performer has been the BSE-Oil & Gas sector, which has
lost 9.5 times the gains it had made in 2010. Then comes the
BSE-Metals index that has lost 7.7 times the 2010 gains. The
BSE-Sensex has lost 0.69 or 69% of its 2010 gains in just the first
month of this year. And as we see now, the weakness for Indian stocks
is not likely to go off anytime soon.
For many this
is time to buy & for few to sell. In my opinion every time is
right for regular investors. But, the thumb rule will always remain on
basis of Risk Profiling, Financial Planning, Asset Allocation, Goal
Based Investments, Diversification etc..