From : Pradip Ray at 05:39 PM - Sep 08, 2010(17 months ago)
Sorry Mr Elango. I butt in ur thread.
Consider that India is no longer an isolated country. It hinges heavily on what is happening in the world, particularly BRIC countries, USA and Europe.The economy is gaining strength there particularly in the employment multiplier sector. This news is too good for India to discount. This qtr domestic Economy bears clear testimony to this. Technically also NIFTY has crossed the immediate EW hurdles.Chk the postings in other threads.
Taking this into A/c, it is xpcted that nxt few mnths (till Cwealth game at least) the Economy would b quite robust. Chk the price movements of Index shares. U wud find them awesome!
Debottlenecking of Indian Economy is, too some xtnt, posible because of our massive weakness- population. It provides the most coveted accelerator - Market,labor,Savings etc.
Stock market,in the long run, is a barometer of the domestic strength.Enjoy it.
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