After a devastating year of 2008 for Indian stock exchange, the question that every investor would ask, before investing is ……..what is the outlook for 2009? The sensex could remain volatile in the beginning of 2009 and stay around 8,000 or 6,200.
I think the Indian Markets will have a strong performance towards the end of 2009 and into 2010. Some of the negative things they are dealing with could be solved simply if the government got on board and supported the massive potential for business growth. The old-school Indian government continues to fight progress and eventually if there are enough terrorist attacks there businesses wont continue to invest in India. It is my belief that capitalism will prevail and India will continue to boom.
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I think the Indian Markets will have a strong performance towards the end of 2009 and into 2010. Some of the negative things they are dealing with could be solved simply if the government got on board and supported the massive potential for business growth. The old-school Indian government continues to fight progress and eventually if there are enough terrorist attacks there businesses wont continue to invest in India. It is my belief that capitalism will prevail and India will continue to boom.
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