Friday, August 27, 2010

Sensex to shine in 2010?

How will the year unfold for Dalal Street? Will Sensex regain its lost glory? These are some questions that continue doing rounds in our minds even when the Sensex welcomes the year 2010 on a positive note. Experts do claim that the markets are poised to rise this year.

Dinesh Thakkar, CMD, Angel Broking believes that in 2010, the markets would build on the gains put up in 2009. As per him, the acceleration in the economic activity would hasten the earnings growth for India Inc, supporting the up move. Further, the strong liquidity inflows are unlikely to die down on back of the strong fundamentals and quality of earnings produced by India Inc., supported by reasonable valuations. In fact, as per Thakkar, banking and infrastructure are the sectors that will be out-performers in 2010, on the back of a pick in economic activity and high spend on infrastructure. Others too expect the market to make a new high in 2010 on lower volatility. N. Jayakumar, CEO, Prime Securities, is bullish on the midcap space and advises a bottoms-up approach. Moreover, contrary to what people believe, the year will be low on volatility the principle reason being that a lot of companies are planning to raise money in 2010. Prithvi Haldea, CMD of PRIME Database, believes that there is lot more to come in 2010. It’s quite clear that since October 2008 (when Sensex fell to around 8,000 levels) to January 2010 (Sensex is currently around 17,000 levels), the Sensex has regained ground considerably. But irrespective of that, what is necessary for retail investors to understand is that in a growing economy like India, savings options with much lesser risk rates provide considerably significant returns. And given how infidel stock markets are, it might be better to invest in an LIC policy than on stocks!

Manish K. Pandey

For more articles, Click on IIPM Article.

Source : IIPM Editorial, 2010.

An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
IIPM enters into media education
IIPM makes record 10,000 placements in five years
TSI exposes b school ranking scamsters Mahesh Peri of Career 360 and Premchand Palety of C fore. - For Complete Sting Operation Video Click Here

Detail of all IIPM branches

IIPM - Admission Procedure
IIPM, GURGAON

IIPM 3-year full-time Integrated (MBA BBA) Programme
IIPM 2-year full time Programme (leading to the award of the MBA degree from IMI)
Social Networking Sites have become advertising shops

No comments: