Inflation as low as 3.03%

Inflation reached an 7 year low today to reach 3%. However, this had little affect on the share market which seems to be reaching new lows everyday. Today, it dropped another 250 points to reach 8150. Though it may recover in another couple of trade left in the day but it seems like investors have lost the faith in Indian companies.

This can also be seen in the value of the rupee. Rupee also reached an all time low of Rs.52 per dollar this week. This is even after RBI dropped key interest rates by 50 basis points.

This may be a good time for investors but they would be advised to invest in a staggered manner. My strategy would be to wait for the day when it would raise for a single day atleast before I start investing cause the market is decreasing everyday by a huge amount in a consistent manner.