its quite confusing as to how market will react aft touching 10000 levels...another 250 points up or a 500 points correction....one has to be very carefull while placing his bet.......most of the shares seems to have touched dizzy heights...will the industry keep growing at the same rate ?
all IT companies had posted double digits growth no but valuation wise they seems to be a bit expensive.....who had thought tht HLL wont be able to cross their 1998 sales figure or infosys will trade at current frm their all time high of arnd 10000-12000 something.....there are hardly 15 companies in the whole of BSE which had shown compunded growth consistently for the past 15 yrs....IS IT THT HARD ?
i guess u got the point....its better to be carefull....coz if the correction comes many might burn their fingers severly.....THE FIIS FLOW HAS BEEN LACK LUSTURE in the current rally...mutual funds as usual beeen net sellers.......anyways good amount of money is waiting to be poured in the market which might heal the burns if caused any....in the very near future market might touch 10100-10300 (15-20 feb)....lets keeep our fingers cross
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