Sandeep Yadav

CONGRATULATIONS TO ALL MY BATCHMATES! We all have completed our (PGP) Post Graduate Program “MASTERS IN FINANCIAL MARKET”, in the turbulent time. Things have gone pretty fast in 18 months, when we all joined the programme markets where evaporating at 18000 levels and gone beyond there fundamental valuations.
We are so fortunate that in a very short span of 18months we were able to see the complete market cycle in the month of JULY 2007 The Sensex crossed the magical figure of 15,000 to touch 15,005 points in afternoon trade. It took seven months for the Sensex to move from 14,000 to 15,000 points.
The Sensex actually crossed the 20,000-mark on October 29, 2007 during intra-day trading but closed at 19,977.67 points. However, it was on December 11, 2007 that it finally closed at a figure above 20,000 points on the back of aggressive buying by funds. The 30-share index spurted 360.21 points to fly-past the crucial level and closed at 20,290.89. The NSE Nifty closed at a record high of 6,097.25 points, up 136.65.
Every body was Gung-ho from a Paanwala at the street to the corporate honcho of Investment banking firms and forecasted market to be at 50K level at the end of 2008. But the SUBPRIME failure fiasco has another story attached to it every thing has changed in-fact profiles like investment banking has completely eroded from the financial world for the time being.
The turmoil spread like a contagion and conflagrated the whole world, our economy has also taken the beating what has happened in the west.
Expectations has gone down few of our batch mates had taken up the job, some have compromised where as the rest of us are still thriving for it.

Here is my proposal how we can be the market beaters:-

1. We must never forget our core subject corporate finance, Debt market, Derivatives, Fundamentals, Financial Management.
2. We must be proactive and be with the market, never miss any economic event be it US automobile bailout or Prime Minister Manmohan singh offering package to the Indian financial sector.
3. Focus on our key areas our strengths where we can expertise.
4. We will try to match our self with the market and see what the market demands from us rather then we demanding from the corporate world.
5. Last but not the least, have patience and faith in the God. Every body will get his/her destiny what he deserves.

Concluding my thoughts by the famous saying TOUGH TIME NEVER LAST BUT TOUGH PEOPLE LIKE US DOO…and emerge as a winner. 

VIEWS FROM MY BATCH-MATES ARE MOST WELCOME..