The boom in India

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mangal - Tue, 02 Jan 07 :

Nift back over 4000...
Sensex up 155 at 13942, and Nifty up 41 at 4007.

Clear skies ahead; time to invest...
"
Ramesh Damani, Member of BSE, shares his views on how the markets are likely to pan out as we move into 2007. He sees clear skies ahead for the year, and believes that the India bull market still has a long way to go.

He advises people to participate in this bull run and professes that this is the time to invest, as in his opinion, the markets are at the lower end of the appreciation band and there is a lot more upside left.

He further adds that domestic participation is expected to be very healthy this year, and the market is likely to over come the froth seen in select areas.
"


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