I stood firm with a positive frame of mind amidst chaos and gloom in the national stock exchange. Yes, I have witnessed worse than this but the market continues to discount international economical distractions and stay afloat. So, basically, the Indian economy is no more dependent on the world economy.
Yes, to a large extent, FII contribute to the market fluctuations in both ways. I foresee their influence will also be pushed to back by new national investors. In about a year, this might happen.
There is a growing feeling among the Indian citizen that India should dictate terms to other economic powers in the world.
I too hope to be a contributing factor.
Thursday, January 24, 2008
I am going to stay positive.
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