1. Due to US sub prime crisis the growth in India will remain moderate in the near term.
2. Only positive factor is appreciation of dollar against rupee which will give impetus to the Indian economy.
3. Presently global investors and FIIs are underweight on India and China. However these financial institutes and global investors are aware of the fact that Indian market is undervalued compared to other emerging markets and thus moment the inflation comes under control the will come to Indian market in herds but for that we may have to wait for some time as inflation numbers will take further toll in Indian markets in a few coming weeks and thus one has to set realistic expectations from the stock market in present scenario till the time inflation demon does not come under control.
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7 Jun 2008
Indian stock market anticipated Profit potential
Indian stock market anticipated Profit potential
2008-06-07T23:09:00+05:30
Analyst
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