11300 and still going

Yes, Iam talking about the Sensex.The BSE is in its bull run for more than 24 months now. So what is it signalling? India is buzzing with activity. India is the economy to watch in the next decade. For the first time in the last ten years the Sensex has crossed the DOW. Traders are exalted. Investors are queueing up to invest in the stocks. Mutual funds are at an all time high. Foreign investments in India are piling up. The whole economy is blooming. Experts say that there is a correction overdue. But the correction does not seem to be coming. But most say that the next financial year will see " the rise and rise of the sensex". With the expected GDP growth of 10% the sensex should gain a further of 2500 points in 12 months. The stoic march will continue unless something goes wrong in the economy like a bad monsoon or reduced inflows. At the moment the investors, the companies and the financial institutions are hoping that the cruise never ends.