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barnetpeter - Tue, 30 Dec 03 :

True Mart but as the Indian commentator on FTcom said in a note yesterday - this is a market you cannot sell out of at this moment. A correction has to come but we cannot go past end of Jan anyway. Meanwhile, the ride up continues.
Will we see monster foreign buying to start the NY? That is the real question. JII is just about the ONLY Uk IT investing fully in India. People hear about all the jobs going there and they want to pile in on the bandwagon.

If so, stand by for 25p bid next week and 30p plus by mid Jan. What a stormer!


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