FUTURE OF THE INDIAN STOCK MARKETS

The stock market is booming in spite of the low agriculture output. The monsoon is good in an overall sense but still the question remains who takes the credit? The answer is the karma of the people. I appreciate the Indian politicians and the industrialists who being pawns of destiny are doing things positive and productive. India, as a country is running a very good period and the position of planets in the transit are giving wonderful results.

Less than one percent of population own stocks and less than 1000 individuals control the market, the majority being the FIIS, the promoters of the company. The credit should go to media for making stock market headlines.

The question many people in the market ask:

Will the bull run continue? What heights we can reach?

First of all, mark my words Indian bourses in the future will be one of the best investments in the world. There will be a time when it can even reach 3000 points in the nifty. India will begin one of the best dasas of the Sun, which will work in its favour. So before 2009 Indian bourses should see an all time high.

Now this bull run will continue.

• There can be some correction in the BSE sensex in the 7500 points level.
• The market will hover between the 6000- 7000 till mid august.
• There will be huge fluctuations.

Investors and new entrants to the market to cool down a bit and come well below 7000.

In any case if you are long terms players then step-in and buy now and forget for another 10 years. You will make a killing in the Indian markets.

Most of the tech companies and the main index will do well but slightly in the lower side of expectations.