When will the sensex touch 15000 points? Is there any correction before that?if it is so,how much it will go ?

Question

GDP RATE IS AROUND 9% ECONOMY IN INDIA IS SO NICE WHY THE VOLATILE SITUATION PERSISTS? IS THERE ANY INSIDE TRADING GOING ? ONE WEEK TECH SHARES GOING UP,ANOTHER WEEK, CEMENT SHARES,NEXT WEEK BANK SHARES,NEXT WEEK INFRASTRUCTURE SHARES WHAT IS THE REASON?

Answer 1

You are right in guessing.

Our economy is witnessing the impact of the global parellel economy or the hot money or the laundered money

The target for the black money holders world over is the Swiss banks, US and the tax havens like Caveman Islands, Mauritius, Hong Kong, etc.

The various investment agents (PF Trusts, Mutual Funds, Pvt. Equities, Parti. Certificate issuers, FIIs, etc.) who accept money from these balck money holders, look for very attractive returns like more than what the US or EC offers, say 6 to 10% average.
(this means that the earnings will be more sometimes and there will be losses sometimes, ... but then the returns has to be more than what a high growth fund in US offers)

Right now (over the last 2 years)

They have no avneues of earning good returns in US or Europe.

They take the taxhavens route, ............. to come to India and other Asian countries, invest in stock markets and real estate.

The reason is simple, they have no promising returns in the West. The US economy is withessing a record receesion, after the great depression during second world war.

It is a fact deliberated world over that the the waeknesses of US economy (fiscal/trade deificits & absence of savings or capital formation) is being made-up by the investments by the poor nations in the US finanical markets. .... Yes ... Americans are enjoying their life without having to save any money ................ at the cost of the rest of the world. ......


The EC (euopean community) member countries are very tightly controlled (in fact EC is shouitng about opening a global register to track the movment these shark-like black money funds or PE and alikes).

Thats why, India (& SE Asia) has become the new destination.
With less controls, ... and
in an utterly confused state of affairs, ..... and
with the unpatriotic stock brokers & agents (they will do any thing for profit or comission) around
these hot monies are making merry right now in real estate (so called Realty) and the stock markets.

This only has resulted in the Asset Bubble in India.

That is the prices of these assets are unreasonably high
and
the rise is irrational and illogical when comapred to the growth rate of the economy.

Only the services sector, ..more so, the software giants only are witnessing growth. - 12%
The Industries have made growth, but it is uneven 10%.

The real sector, Agriculture, on which 75% of Indian labour depend upon, has seen a growth of only 2%. In fact the agri sector is going back in growth every year.

Now tell me, does the stock markets reflect the country's growth.

In my opinion, .... No ...... No and .... No

But every body, from PC to MMS, and the so called analysts (born westerners and born to westerners), .............. are alll shouting that the economy is very much on the upbeat.
That the grwoth is fantastic, more than the global growth rate.


They say ........... A country
which doesn't have even 1% share of world trade has done it

and

you and me ........... have to believe it. ????? Fantastic.

J. Stiglitz has correctly told that the Indian economy is overheated.

It will be more than humble .......... in saying that he has undrstated the present state of affairs, ...... only ..... not to be the trigger for the downfall.


This asset bubble thing, .... will burst ... the moment US gets back to recovery ......... from recession.
The moment it becomes attractive for these big money funds and fund managers..

Then all these lauding gentlemen .... these funds and fund managers ... including the NRIs (Non Reliable Indians) ... will all fly by overnight ........ as if they never wanted to cast their eyes in this part of the world.


By then the BSE and NSE will be back to their own track -
of having to sell their stocks only to the local buyers.

By then
the same BSE,
(which crossed 10,000 & 14,000 in a record time of less than 2 years as aginst Dow Jones which took decades to touch 10,000.)

will get back to its desrving level of 7000 or so.


$$$$$
But then to answer you query

Sensex may touch 15,000 this year itself, after April .... by June or July
The corrections are already going on, right now.

But dont ask me the rationals ........ for the weekly movments and the mon(k)ey like jumps from one segment to another.

Thanks to the nexus of brokers with the FIIs, other Funds, PEs, etc., the fancy is changing every week. No rationals please.
$$$$$$


what more to say

than to shy offff, now.


!!!

Answer 2

It all depends on Asian and World market but I think the Sensex would reach till 15,000 within the April month.

Answer 3

i expect 9000 & long stable mkt at that level

select stock on chart on aptistock freeware

more on my blog

Answer 4

will go to 16000 and then come down to 11000 . will volatile there and then stable arnd .