Still good times

This is a great time to be testing what an investor is made of. For many weeks now, punters have been running scared of the high levels that the Indian stock markets have attained. As I write this article on January 18, the markets are down about 3 per cent over the last two days. Obviously, many big names are spluttering, in particular, HDFC Bank. Anyway, there's no point in my labouring over the details because you're reading this page much after I have written it, and a lot more would surely have happened in the meantime.