what basics are you talking about? Companies with valuation of tens of billions of dollars don't have revenues in millions prime example Reliance power? Reliance industries Indian Jewel does not even sell it's product in India, so when americans buy lesser oil or come up with new stable electric car - can be 2010 Chevy Volt, or even make new refinaries in US RIL is in trouble beacuse it will loose money for every litre of pertol it sells in India.
Indian market is not based on any basics but on sentiments. They are good as long as it lasts, rest is anybody's guess.
