india has learned lot during this uncertain period ,all the negatives are built in we are acting cautiously and calmly so success chances are more ,we are at inflection point from where we will go up only as we have two maharthi like krishna and arjun as pm and fm
First of all we need to define the New High. What is the definition of new high and that can be different figures for different people. Is there any common figures on which all the analyst are say yes. For me 6200 may be the new high which is almost 11% from the current level.
The political drama has happened too much and still there is no certainty where we are heading towards. If the things will keep continue in the same manner as the are in the current market then I don`t see the new high it can go to the otherwise ( means new low ). If peoples are saying new high / low there should be some facts & figures.
Lets forget about the so called analyst they will never let you know that we are heading towards the same situation which has happened in 1991-2000-2008. Its required only the common sense what the so called analyst are not telling you.
I agree that we will outperform all the major markets and will touch new highs by the end of the year... Also there was one article few days before that FIIs are buying heavilly in the cash segment and selling in futures and the articles indicated that it may be a repeat of September 2010 when sensex crashed heavily.... I see that happening again . we may see 5500-5600 on the nifty at lower levels but ii consider that as a buying opportunity. especially the bluechips.
These people talk and go, there will not be any followup. There are lot of factors determine the markets like election, world market, inflation, Balance of payment, etc how can these guy just blindly say sensex will hit record high. They should justify their statement