I am sure Baliga is fully aware that this rally is due to easy and cheap global liquidity and it is not going away any time soon. The risk is on the table and will remain so for the foreseeable future.
Personally I think it is a right time to lap up under valued shares. However please avoid highly leveraged companies esp. the one with dollar debts.
It is market built by FII and run by FII. Retail participation has already declined. The few portfolios still active in stock market are probably long term. Many people have been destroyed in 2011 and 2008 by such analyst opinions.
Funny thing to say given the MASSIVE fund inflow just seen from FIIs who have gone all in in the Indian markets, and look set to go all in even more (if that is possible). A lot of Indian retail investors have cashed out prematurely and may miss out on the bull run that is likely to follow soon - at least that is my considered opinion. Incidentally, increased liquidity is very much a `fundamental` parameter when it comes to stock valuation.
These people are giving wrong opinion based on "Feelings" and not based on facts and figures published by the Companies listed in the exchange. Our economy is resilient to political factors also. If our company is ruled by competent dedicated rules, our share prices should be better than US. Except some of the companies fundamentals are not realistic when comparing share prices, most of the companies share prices are lower valued when we compare the fundamentals.
will certainly. what happens --- all these stupid EEAs predicted a bad Q4 results and as usual they are proved to be wrong and many companies had reported great results, even ntpc shown a good result. when these idiots are so wrong what the data/fundamentals they considered would be wrong and out of tune with reality. the fundamentals have improved and would keep going up to support sensex at 28000 and above.