Saturday, April 01, 2006

The Rise of indian tiger

Well after years of sleep indian economy is on hike and is growing like never before after economic reforms it has been constantly growing at a rate above 5 and for last 3 years growthr ate have been above 7 and last fiscal year it touched 8.01 this rise also relfects rise in per capita income of citizens it has also grown many folds the current rise of sensex also reflects the strength of indian economy on march 29 it crossed dow jones index.For new comers dow jones index is considered as bench amrk and is market indicator it is second time in last 10 years we touched the bench mark .the p/e ratio of india is 23.1 and it stand at top no country math such a high p/e ratio again p/e ratio is price to earning ratio more and more fii are flooding in the number of fii's have increased from 540 in 04 to 686 in 05 and touched 882 in this year .
It is estimated tht for couple of decades india will keep on growing at a rate more than 8 percent not even china is gonna able to match us in growth rate and in the new budget there was no big change tht also reflects tht indian market are growing at stable rate
The rupee is going strong day by day against other currency like dollor euro and yen this is also is due to rise of fii's liquidity in market has increased and if india keeps on increasing at this rate no doubt we will be market leader by 2050
OR GREAT INDIAN DREAM

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