Where to park your money in falling market ?

BSE sensitive index is down nearly 39% from its life high of 21206.77 levels. The major reasons for this down fall may be attributed to rising inflation at 11.42%, the rising interest rate scenario, redemption pressure from FII’s and Hedge funds, weak global cues, the depreciation of the rupee. Rising commodities prices especially of crude which has risen above USD 143 per barrel and other internals like political concern etc have also bogged down the markets.

Sector	52 Wk high	Current clsg	% Change
Realty	13848.09	4215.93	-69.56
Power	4929.34	2156.94	-56.24
Bankex	12678.98	5583.59	-55.96
Small Cap	14239.24	6385.11	-55.16
IT	8678.00	3949.95	-54.48
Capital Goods	21020.97	9744.31	-53.64
CD	7119.69	3328.76	-53.25
PSU	11205.38	5467.91	-51.20
Midcap	10245.81	5141.86	-49.81
Metal	20494.62	12494.19	-39.04
Sensex	21206.77	12961.68	-38.88
Oil & Gas	14266.89	8733.72	-38.78
Auto	5118.83	3409.47	-33.39
Teck	4187.63	2950.83	-29.53
FMCG	2569.72	2021.44	-21.34
Health Care	4602.15	4073.99	-11.48

Realty sector was hammered and beaten out of shape. Even rate sensitive sectors like Banks, Auto were also not spared. The Realty index was down almost 70% from life high, followed by the Power, Bankex, and Small Cap index which were down around 55%. The CNX Midcap Index was down nearly 50% from its life high which it made in January.

Realty stocks like DLF, Unitech Omaxe, HDIL were down more than 50% from their life high. Banking stocks like SBI, ICIC Bank, DCB were down quiet a bit from their highs. Capital goods stocks like Larsen & Toubro, BHEL, Siemens were down more than 50% form their high.

Health Care performed very well in this market and outperformed the Sensex which made 52 week high on June 18, 2008 was down only 11%. The other defensive sector like FMCG, Teck were down 21% and 29% respectively.

Disclaimer: Donot consider it as an investment advice. Investing decision is totally yours.

(Source: Aniket Vakharia, CNBC India)