So long as the world Bank Stooges ManMohan Singh,Montek Singh Ahluvalia,Sonia Maino-Andhi are allowed to occupy vantage positions sans any accountability,the hard labour of all Indians & the wealth of the NATION will get stripped & stolen & LOOTED through double-tongue,crafty KEYNESIAN TRICKS as also crude BlackMailing for SATIATING U.S.greed & FILLING THE BIG SUBPRIME BLACKHOLE THROUGH OUR RESOURCES.THE FIFTH COLUMNISTS SLAVISH ROGUE INDIAN POLITICIAN-BUREAUCRAT NEXUS with all their progeny & interest stashed in the west & USDollars will never allow the Rupee to strengthen to the realistic levels & will go all-out to absurdly arrest the RS. arround 40 a dollar come what may to facilitate throwing our vast resources & land at peanuts.The earlier these cheats are kicked-out & dumped into the sea the better it will be for the country & especially for the common man or else the average indian family will be forced to live on barely 250gms of vegetables & meager food that would support only half of the day.The bogus congress party with barely 149 MPs & crutches from several small parties is arrogating itself as having mandate of the nation shamelessly.In its entire history congress has all along supported only the haves& the west& pursued relentlessly the culture of single family hegemony.DEVOID of the congress symbol all these so called congress leaders would be loosing their deposits barring a handfull really honest social figures who would anyway win on their personal stature.
RE:Economy& Market Forecast For 2008
by MUHAMMED AKHTAR on Dec 27, 2007 10:34 AM Permalink
M-M Singhs may not be correct but with a strong rupee export is collapsing in astiff competitive international market. Should we really allow rupee to float? Will it not hit the common man?
Hope to see india coming up with more manufacturing units of food pharma FMCG auto components so that they are not dependent much on foriegn goods,would love to see more brands with MADE IN INDIA tag..
Stock market had a quite a run of from 3000 to 20000. This was because FII buying. Now US stocks are cheap and EM stocks are expensive. So why would FII come to India or any EM? Indians are buying in expectation that FII will buy at higher price. It seems to me.. this is going to Monkey story, where people are waiting for another monkey buys to buy monkey at higher price from them.
RE:Why would someone buy Indian stock now
by V S on Dec 24, 2007 10:22 PM Permalink
Indian story is not just because of FII's buying but mutual funds and small investors too.
US stocks may be cheap but the US economy is in recession while the Indian economy will continue to grow.
Therefore there is little reason for FII's to exit India.
RE:Why would someone buy Indian stock now
by sam on Dec 25, 2007 04:49 PM Permalink
Mr. Gupta,
We don't want to worry about US economym whether it is going up or down. The whole US is paying for its sins. It is under severe curse of people all over the world for its tyranny. It is surely destined to doom in the years to come, it is not far away. You are under wrong impression that all the FII are American. Try to correct yourself. Whether these FIIs mostly non-americans, buy indian stocks or not, indian stock markets are poised to grow leap and bound as indian financial institutions, mutual funds are eagerly patricipating in the market-economy and that is the trigger for market-boom. Even otherwise, most of the indians, who are retail investors, learn the tricks of the share markets and actively participate in it. Further, the indian corporate houses have grown so much that they started buying foreign companies bigger than themselves and in a stiff cut-throat competition. In India, our only enemy is COMMUNALISM that is perpetuated in the name of NATIONALISM AND PATRIOTISM that should be eradicated and the backbones of communical and criminal elements should be broken to make them bed-ridden and/or dead for ever. Otherwise, there is no worry of stock-market falling rapidly even after all FII totally leaving India for green pastures.
RE:Why would someone buy Indian stock now
by Sameer on Dec 26, 2007 05:16 AM Permalink
Mr Sam, You are being disingenuous. Nationalist and patriotism that you trash as communalism are the very foundation of any country. Let me give example of Russia in 1990s. They were also told that nationalists are enemies. Result, country was hollowed out in less than ten years. Its natural resources were stolen, banks raided leaving average Russian poor, hungry and directionless. Nationalism is indispensible.
RE:RE:RE:RE:Why would someone buy Indian stock now
by atul maha on Dec 25, 2007 07:45 PM Permalink
Indicate abusive content for deletion & resubmission.
RE:Why would someone buy Indian stock now
by Lal on Dec 25, 2007 08:16 PM Permalink
You idiot, remember sensex falling from 19000 to 17200 in half an hour? If all FIIs sell then sensex will come down to 10000. Then you will know the importance of FIIs.
RE:Why would someone buy Indian stock now
by raju agarwal on Dec 24, 2007 10:28 PM Permalink
Investors have always shown a willingness to pay a premium for growth. Look at the P/E of GM, Microsoft and Google. Google is more expensive, yet it continues to outperform the other less expensive stocks because of its higher growth prospects. The same argument appies for the Indian stock market relative to the US stock market.
