Stock Markets at all time High
Today, the stock markets have seen their All Time High and i am sure that the India Growth Story will continue in year 2007.
What do you guys think about the future of stock markets?
I see the short term target of 18000 crossed by next week and there may be another strong up move till 19000 on BSE Sensex. I guess this time, Reliance, Grasim, Some old economy stocks and Auto Sector will lead the market to new highs. Even the Technology companies are looking strong after their robust numbers for past few quaters. I am of the view that stock markets will see a bit of correction before it touches 19000, but 18000 levels are almost near. Can even touch in couple of trading sessions.
I am invested in Reliance, SAIL, SBI, ICICI Bank and Punjab Tractors.