stock market strategy

Today is the holiday for the stock market on account of shivaratri. Probably this is a good time for us to define our stock market strategy for the year. The economic slowdown that is going on has affected all the countries. Slowly in the last few months this has strated affecting the indian industries as well, as was predicted by the stock market. Signs of layoffs in MNC's have started emerging in India as well. Not only exports but now it has started affecting all industries. So at this time should we invest in stock markets. The markets doesnt look good for the next 8-9 months. Investing at this time is a big risk. There are more chances to lose money than getting profit.

Anyway presently the sectors Pharma and FMCG products seems to be good sectors to invest in. However you may not see upward trend in these sectors but it may not be much affected during a recession. i.e. value of these stocks may not see a downward trend like the other sectors, mainly because consumption of these products wont decrease. FMCG includes dialy used products like toothpaste, milk, soaps etc. Also the pharma sector forms the important necessities which nobody can avoid. These sectors look good to me only in the sense that the value of this may not be eroded like the companies in the other sectors.