What they'll do next...

Sanjay Sharma,
CEO, Swarovski

A BIG POLITICAL change of the sort we have just seen will always bring a measure of uncertainty in its wake. I think the market is just reacting accordingly, but I don't see a serious long-term change. So my personal investment strategy will not be impacted at all.

Once the Budget has been announced, I believe the market will stabilise and I'm open to the idea of investing in the market, both directly in stocks and also through equity mutual funds.

I don't invest in tax-saving instruments for I'm in the higher tax bracket and so do not enjoy the benefit of Section 88 and the like.

I invested in property last year and feel that it is a worthwhile investment option provided one has high disposable income for it requires a very high investment.

D K Jain,
Chairman, Luxor

THERE HAS BEEN a temporary change in the equity market because of the change in government. But I've full faith in the new government and believe the markets should stabilise after the Budget as there is nothing wrong with the working of the economy.

Personally, I'm watching the market for the next two weeks and will buy once it reaches the 4500 level.

As far as my other investments are concerned, I'm increasing my investment in real estate for I think property prices are going to rise. I'm reducing my investment in gold, for gold prices are unlikely to rise further. I'll continue to invest in art but my total investment in art will remain the same.

Gul Teckchandani,
CIO, Sun F&C Asset Management

MY PORTFOLIO HAS undergone a slight change with the current market volatility. Six months ago, equities accounted for 65 per cent of my investible cash. It is down to 50 per cent now. You believe in the markets as that's where wealth is made. As an investor, you should leave the roulette table while still ahead.

I have also invested in real estate. That's because I have a view on interest rates. By borrowing cheap and investing in a house, I know that money will appreciate. If real estate prices go up, I can repay my loan and keep my asset.

Like most investors, I have invested in securities like RBI bonds and small savings, even as fixed deposits are a big no. I firmly believe, that as an individual today, the ability to make money is not predictable. You need something fixed.

Suhel Seth,
CEO, Equus

IN MY OPINION, the fall in the markets is just a minor tremor "" we mustn't react like it's an earthquake. After all, stock markets are not known to behave rationally.

P Chidambaram is an astute finance minister who knows what he's doing. I firmly believe we are still very much on the path to growth and prosperity. I haven't changed my investment plans at all.

I continue to invest in equity mutual funds. I'm not waiting for the market to reach a certain level as I feel one can invest at any level provided the economy is doing well.

I do not invest in any immovable asset such as property or gold.

I don't believe in safe investment instruments for the returns aren't high enough.