Tuesday, October 10, 2006

HAPPY DAYS ARE HERE AGAIN

The euphoria is taking over again; market pundits are now sounding bullish; bulls are taking charge; Sensex well above the magic 12,000 mark – it seems that stock markets are all set to test the limits again. The dampness is finally starting to wither off and investors are looking positive once again. According to a recent report by Standard and Poor’s on emerging economies (particularly the BRICS economies made famous by the 2004 Goldman Sachs report), India is the most preferred investment destination behind Brazil. Besides, while the emerging markets outperformed developed markets in the month of August, India ranked 1st and 2nd (behind Mexico) in terms of 1 month and 3 months returns according to the Standard and Poor/Citigroup BMI index.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-
Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

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