13th October 2008
The valuations of the companies in US and UK have gone so low that suddenly there will be interest by the cash rich organizations to pick up stake.
If I have got tempted to pick up some shares or some stake, I am sure big corporates would be trying their level best to get some cheap picks (value buying)
This phenomenon will exist for the next 6 months...
RBI gives individual to remit 200,000 $ a year for investing in overseas market.....
Caveat: Be sure that the profits you get should not be lost with currency changes ... :)
Nityn
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