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Bull-run Indian Stock Market poll

Can BSE (indian stock exchange) reach 20000 in 2007?  

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Indian Stock Market is really doing great. The rally has started after FED announcement to cut interest rate by 0.5. The rally is also supported FII's who have started investing in Indian Market after the sub-prime problem in USA. Indian market is highly influenced by political situation but this time inspite of political uncertainty, market is moving up.So in my opinion, market will definetly touch 20000 mark in a week or two, but after that is will come down sharply and a huge correction is waiting. All the index stocks are in highly bought-up situation. So, one should keep strict stop-loss with there longs.Best of luck for BSE

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I want to know if BSE (Indian stock market) reached 20000 last 2007 .What are the current status overall of Indian stock market this year 2008? Any suggestions or predictions regarding investing in India this coming year 2009.

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The global economy is going to hell in a handbasket. Take all of your investments out of stocks and anything speculative and put in in something low risk like cash. USA is set to crumble and the Fed is using desperate measures to keep the banks afloat by releasing more worthless bonds. They are hopelessly bankrupt and they are going to take every financial system down with them. Get out now and salvage some investment. Don't be fooled by short term happy markets look at the fundamentals-they are shocking.KJ

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Stocks soaringBull-run Indian Stock Market

More than a bull run,its FDI money which is playing an upper hand in the stock market.Well everyone should be aware of one things that stocks have grown at an immense pace and the companies have not registered their growth accordingly.The stocks are highly volatile and its a total high risk zone to put in the hard earned money at least right now.A steady correction would definitely bring the stocks down.And one should also keep a considerable track record of how Rs is getting stronger in comparison with USD.Its estimated that the Rs will get more stronger till Dec 2009,owing to which the exporters would face the heat and the cascading effect would be seen on the banks lending money to overseas exporter..For time being the strategy should be wait and watch.If at all someone wants to invest,give a try to Mutual Funds with a long term horizon. 

-reply by shibin

 

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