Originally posted by manish_okhade
Basantji,
It would be real insight for future investment if you can provide the info that in say last 10 or 15 yrs when Bull Mkt has started and what were the triggers and why it busted. If we see any cycle then there's a reason to cheer for future.
Well above is not to extrapolate any relationship but to get comfort that bear run also passes away. |
Basantji, I can say that India opening up the economy was the key with attention drawn to huge consumer base in india for MNCs to enter plus also the talent pool in india at low cost which indian companies used well to achieve the growth and hence FII invested and hence the bull markets, which would have defintely continued for more than a decade even now, but for the sub-prime bubble.
Hence fundamentals remain the same, it will only take a while before we put this bear phase behind.
They also say that the world economy needs to find new set of products and new set of consumers for those products, to drive any new huge rally, So enabling the less fortunate ones holds another key, which can happen with strong govt policies in favour of them and also some innovative products hitting the consumers.
Edited by vishnu1975 - 11/May/2009 at 1:25pm