Investor Bhaiya,
There is nothing scary in the report, this analysis is for the Firangis. The prices given in this is in US dollars.
Every one in India knows that reality prices are overhyped, that is the only truth in this report. If reality construction goes down, sales of cement & steel will go down. This will lead to fewer people taking loans, so that will effect banking stocks.
Pharma industry has always been a disappointer in Indian market so again nothing new there.
For the remaining sectors the analysis report just gives 1 or 2 lines saying that the sector will collapse ...... this is more like giving tips rather then an analysis.
Further the gora phirangi will also have to take into account that when everything is really & actually screwed in the U.S. of A., the next best free market with democracy and some stabilty is India only.
To practically speaking he can either keep his money in the U.S. of A and watch it depreciate, invest in other fast growing economies which have no real democracy and then suddenly watch it disappear one fine day as has happened in past in china, brazil, venezuela, zambia, Angola, Zimbabwe.
Or he can do the sensible thing and invest in India for low but safe returns, but returns still better then he would have got in U.S. of A.
Edited by gopal - 01/Apr/2008 at 1:17pm