18:47
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SGX NIFTY AT 6312….
RBI surprised the market and FED delivered in line with expectation. Now SGX nifty is trading above 6300. We have already told you that Smart money is on the buying spree. Blast in the midcap space is testimony to the fact. This also vindicates our stand that 2014 will be most profitable for equity market worldwide in general and India in particular.
Last two months are the period of lull before the Bull-Strom. Correction and profit booking in stock market will occur at regular interval. But just like an accident on highway, it halts the traffic for a few hours and days. Soon-after life go on as smooth as before. It also provides the opportunity to find out the new path to reach the destination or to achieve the desired goal.
The Most beautiful place to make a fortune on earth is the stock market. Easiest and fastest way to build empire is the stock market. Till now small investors stayed away from market while the market moved from to 6300. The data shows HNI, PRIVATE EQUITY & HNI’S have created huge portfolio in Indian stock markets.
Now let’s discuss the ground realities ahead. Recovery in US will provide strong fillip to the world markets. Economic data is improving worldwide while geopolitical events have already seen the worst. In the domestic front FII will back with big money in 2014 as they realize that the recent scams and corruption will not affect the INDIA INC in a major way. In fact it will clean the system for a better investing environment. The fact that INDIA will have a bumper agricultural production due to normal monsoon that will cool down the inflation ahead which is the major hurdle for a booming equity market. As per our research team in this Bull Run market will test newer high sooner that most Market-man expects.
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Posted in: Investment Guru
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