Globally respected stock markets are dow jones, nasdaq, taiwan, nikkie ftse, and some south asian and chinese and EU markets. None of these market fared well at all. Rather, all of them face a very bad year in 2017. Yes, only Indian stock market has been rallying at super fast pace and rallied from 18000 points to 34000 points since BJP government came into power. And that too most of the dormant shares also rallied unexpectedly with this movement. I can remember some shares of almost remained dead in the market also gained nearly 200 to 300%. No matter who is giving good result, who is having huge NPA, who is giving poor result, one after another new new issue came and open will unusual high to grab money from the people as our banking sector has been loitering with bad loans. No matter that low IIP, galloping trade deficit, increase in all kinds of edible commodities, continuously lowering the deposit rate, no country wise infrastructure development, BUT INDIAN STOCK MARKET REMAINED FIRM AND WENT ON MARCHING AHEAD AND AHEAD. Yes value of our indian rupee has been appreciated mostly because of continuous inflow of FII. But is there any risk in it? No one donated the money but invested. And they will first sniff the market will start to dump their shares first in a good price and Indian poor middle class investors will stand to loose only. Those days are not/ far off.
Re: WHERE IS SURGE IN GLOBAL STOCKS AROUND THE WORLD? LIKE INDIA.
by punit gada on Jan 01, 2018 11:24 AM
Please understand that market is not rising due to in future interest cost will come down significantly as Risk Free Interest rate will come down to 2% so it is discounting for the same and growth will automatically follow the same.
Re: WHERE IS SURGE IN GLOBAL STOCKS AROUND THE WORLD? LIKE INDIA.
by punit gada on Jan 01, 2018 11:25 AM
Please understand that market is not rising due to in future interest cost will come down significantly as Risk Free Interest rate will come down to 2% so it is discounting for the same and growth will automatically follow the same.
Globally respected stock markets are dow jones, nasdaq, taiwan, nikkie ftse, and some south asian and chinese and EU markets. None of these market fared well at all. Rather, all of them face a very bad year in 2017. Yes, only Indian stock market has been rallying at super fast pace and rallied from 18000 points to 34000 points since BJP government came into power. And that too most of the dormant shares also rallied unexpectedly with this movement. I can remember some shares of almost remained dead in the market also gained nearly 200 to 300%. No matter who is giving good result, who is having huge NPA, who is giving poor result, one after another new new issue came and open will unusual high to grab money from the people as our banking sector has been loitering with bad loans. No matter that low IIP, galloping trade deficit, increase in all kinds of edible commodities, continuously lowering the deposit rate, no country wise infrastructure development, BUT INDIAN STOCK MARKET REMAINED FIRM AND WENT ON MARCHING AHEAD AND AHEAD. Yes value of our indian rupee has been appreciated mostly because of continuous inflow of FII. But is there any risk in it? No one donated the money but invested. And they will first sniff the market will start to dump their shares first in a good price and Indian poor middle class investors will stand to loose only. Those days are not/ far off.
If you look at the prices of real estate world over and look at collapse of economies during the last three decades, you will understand that real estate pretty much caused the collapse.
Japan economic melt down, US sub prime crisis, Europe's economic perils and even countries of the Ibero Americas.
There are tell tale signs of the Indian economy going bust are visible.
Public sector banks who are on the verge of collapse due to liquidity problems. The top league PS banks are acutely stressed because of NPAs.
Secondly , much of the budget is sucked up by relentless elections - General, state level, by elections, local bodies and even party elections. Also populist schemes of the states have wiped out the wealth.
But the one which takes the cake is the real estate. The cancer like real estate has managed to wipe out pretty much every thing India earned post liberalization.
People are stuck with insanely expensive pieces of real estate they purchased assuming that they will be rich without effort and quick.
The IT sector is in doldrums despite the drum beat of state governments building dozens of SEZs.
In general , India is in serious economic situation.
