CURRENT STATE OF MARKET

After a correction of over 2000 points in the sensex most of the investors are questioning whether the "INDIA STORY" is still intact.World over if you have seen a country goes through a inflexion point in its history and my firm belief is that "INDIA's time" has come now.Of course there will be blips and the markets would give corrections and periods of euphoria but the more one sees around the world the more one is convinced that the structural change in the economy of the country will result in a long period of economic boom.Currently across the world there are few countries who are growing at the rate that India and China are and this has been well documented over the years.The stock markets will give entry points at various periods of time to long term investors to benefit in the growth of the economy.Also the leadership of the market will keep changing from time to time but the key thing to focus is on the domestic demand and the companies that will benefit from the same.The IT story continues to be robust and my belief is that if there is a slowdown or recession in the US than India will emerge stronger after a brief pain period.

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