Capital markets closed at life highs or closer on Samvat 2070. Diwali 2013 did have some fireworks propelled by select large caps that took the markets over. Analyst have as usual differed views which i summarized below.
1. Market are on well deserved late bull run, but be careful.
2. Markest is high on easy money/high liquidity infused by FII, so be careful.
3. Markets didnt grow at the same pace of the economy for the last three or so year so they are catching up.
But my favorite is that we just had a some extra Diwali bonus and so...
Meanwhile i am sitting with a large bait waiting for the fishes to bite.
1. Market are on well deserved late bull run, but be careful.
2. Markest is high on easy money/high liquidity infused by FII, so be careful.
3. Markets didnt grow at the same pace of the economy for the last three or so year so they are catching up.
But my favorite is that we just had a some extra Diwali bonus and so...
Meanwhile i am sitting with a large bait waiting for the fishes to bite.
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