Northbound Sensex

Things have been just about ok. Reading a lot about markets, but can't make of my mind whether to invest with long-term or gamble.

Market where euphoric for last couple of weeks and then you have these "experts" (or whtever crap!!) media calls them, all gung-go about the new govt. and about sensex touching 21,000 and that everything else will look good.

I wonder if congress have some magic wand for our the economy, which they couldn't use for 5 years and will use it this time around (remember India has high fiscal deficiet (11%+)

I ask questions to myself;

1. Is northbound sensex proxy for improvements in the capital market? Definitely not.

2. Is northbound sensex infuse quick & enough liquidity in the system ? No

3. Is northbound sensex bring out realty sector of dumps? Maybe, but how one can justify exorbitant prices developers paid when things where looking good.

4. Is northbound sensex will open avenues for funding from equity market? Yes - People believe that PSU's will bat first

5. Is northbound sensex will benefit the retail/small shareholder? No to Maybe - Most of them are in my category- Confused

SilverLining,

The other day i was listening to my CEO and he narrated his experience with the new govt.'s senior minister, who apparently told him "Don't Bribe" his official for govt. projects. Sounds great, but the feeling wears down easily when you hear about donation row in TN.

Let's hope that govt. pushes for sustained & collabrative growth engine for all of us benefit.

-Jai Hind