Sunday 3 April 2011

No investor can ignore India - Wealth Bazaar Financial Managers

Global investors who have shunned India as a underperforming market & money started outflowing from India with FIIs selling more than 9000 Crores in equities in just 2 months of January & February.

To the investors delight, Money has started pouring in again from global investors including Foreign Institutional Investors with equity net buy of 7000 Crores in the month of march & Nifty reaching a mark of 5850 within days after making a low of 5170 in January end.

India growing a massive 8% per annum & the great consumption story which India has & India demographics favour India with a lot of people within the age of 35 makes India a favourite destination among the Indian & global investors.

The streets of Mumbai were flooded with ecstatic Indian fans after India beat Sri Lanka in the World Cup final at the Wankhede Stadium in the city





We must remember that India was outperforming last year and there is always a phenomenon of profit taking which happened in the month of January & February & Founder at Wealth Bazaar Financial Managers, Mr. Mayank Gupta feels the panic is over & 5200 seems to be the base for Sensex as a index & one should look at stock specific to buy & look at only sound fundamental companies to invest into rather than going in for Real estate.  But if you look at the long-term trend, emerging markets will outperform developed markets by a wide margin. People must be aware that there can’t have a situation where a country growing at 2% is outperforming a country that's growing at less than or equal to 8%


Happy investing from  Wealth Bazaar team.


I will leave you with pictures of winning moments of India's historic win in the World Cup in the heart of city "Mumbai"


Regards
Mayank Gupta
WealthBazaar.in

No comments:

Post a Comment