Indian Stock markets are touching previously unseen heights. Optimism is fueled by Great expectations on reforms being rolled out.
With the 150 plus million middle class and with PM Modi determined to mobilise the rural areas too, it looks all set to grow. India is trying to give a push to infrastructure too.
Given that the Reserve Bank, in typical Bundesbank style seems obseesed with inflation, corporates still await softer interest rates. FIIs may also disinvest for USA as that economy looks better. So the best advice seems to be ride the trend of the market but exit before the others. Do not fall in love with your investments.
With the 150 plus million middle class and with PM Modi determined to mobilise the rural areas too, it looks all set to grow. India is trying to give a push to infrastructure too.
Given that the Reserve Bank, in typical Bundesbank style seems obseesed with inflation, corporates still await softer interest rates. FIIs may also disinvest for USA as that economy looks better. So the best advice seems to be ride the trend of the market but exit before the others. Do not fall in love with your investments.
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