We all are receiving SMS all through the last month from known and unknown sources that market will crack sooner than later. In fact last week almost all TV channels, Web analysts are more than 100% certain that soon we will see blood on the Dalal Street. After that what happened we all know. Markets staged a smart recovery proving once again our stand that markets are supreme. No human or computer can predict its’ move.
Markets once again vindicate our stand that many millions and billions will be generated in the Indian stock market if you are on the right side. Let’s discuss in detail. Indian micro story is good. The country has a large collection of world class companies and a well educated English speaking and IT enabled workforce. Relatively stable financial institutions and a world known democracy are added feathers in India’s cap. India can achieve pretty impressive growth rates over the next 3-5 years barring any political shocks. Having seen India’s surprising 8% GDP performance amidst gloomy world economy, there is a rush of economic forecasts by financial institutions that India is on the verge of unprecedented multi decade growth.
Well the collapse of countries like USA, Dubai, Greece will move investors worldwide to invest in high return Asian countries. India is in the top of the list after China and Brazil.
But the ride from hereon will not be smooth. Be prepared for a roller coaster ride. In our opinion there is a bull market taking shape anywhere in the world right now, there is a multi decade bull market making its presence felt VERY STRONGLY. Well the economic data released or to be released will stand testimony to the fact. China’s GDP growth is staggering 19%. Other emerging markets data is also positive surprise. Us trade data is also encouraging.
But always remember my final words DEAR INVESTORS there is no shortcut in the share market.
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