sir in real sense even Keynes wouldnt know, other than anything he indicated that pick up in growth is no more than animal spirit in the pvt sector which @ times of boom takes so much risk that return as a whole are lot more! but not now, this sense acts on many things including interest rates, if they see thier business stabilising and demand pick up then you never know, but demand has to generate. and india in my opinion has to stop bs and just concentrate on growth. there is too much bs out there india-china, ipl, 1 this dayan, my god how are we wasting our precious time!lol
right now, i feel that they are allowing the retailers to build long positions by keeping the nifty 20+. once this is done, nifty will be brought down to red in the next 1 hour to hit the s/l. then some of us will go short. that is the time you will see a 50 point rally to take the s/l of all shorts. and finally nifty will close flat.