THIRUVANANTHAPURAM: In Thiruvananthpuram happiness is relative. While some celebrated 18K, small-town investors, were ruing a lost chance.
Less than 10 per cent of the investors in Kerala tried to ride the bull this time, which Alex K Mathews, Geojit Financial Services says is due to "investors backing out when Sensex dipped to 13779."
But not everyone is wary about playing the market. "I have been into stock trading for the past five years. The Reliance shares that I bought earned me 40% returns," says Manoj Balakrishnan, a software professional.
Kollam-based CA, K Kannan, shifted gears to banking and capital goods stocks after making a killing of Reliance shares.
"I bought its stocks one and a half years ago at Rs80. It now stands valued at Rs400," he says.
Iyer, a seasoned player says, "After the market crashed in 1991 and 2001, I've become cautious. Despite positive signs, the market can always be subjected to a correction."
