Hi ShanghaiNo one is disputing that current performance from...

Hi Shanghai

No one is disputing that current performance from Nifty is dismal and that judged solely on current performance, why would you buy the stock? However, I don't think you can judge Nifty's future prospects from solely it's last 12 month's performance. You need to decide in your own mind whether they can turn Nifty around - if you believe they can, then your would probably be a buyer at these levels, if you think they can't then you would likely steer clear of the stock. As always, money is made in the stock market by those ahead of the curve i.e. those who recognise value and back their judgement and buy before the rest of the punters see the value and pile in. If you wait for absolute certainty and proof before you buy into any story, you will be unlikely to make any outsized returns as lots of punters will have already jumped in ahead of you. DYOR