With global markets, and especially the Indian stock market, at their most volatile, many market watches are making all sorts of doomsday scenarios.
When the BSE Sensex was at the stratospheric 21,000 levels in January 2008, everyone and their uncle wanted to buy stocks, come what may.
Now that the Sensex has fallen to 12,000 levels, the exuberance that had visited the markets then is visibly missing.
However, in the process many a small investor lost tons of money. While the big players could ride the storm and perhaps get out with some hurt, many small investors lost their life's savings when the markets crashed.
So what should investors do now? Well, here's a basic check list for you to follow. Read on. . .
Image: The entrance to the Bombay Stock Exchange in Mumbai. Indranil Mukherjee/AFP/Getty Images
Also read: Meltdown: Thousands of jobs to go globally!
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