Sensex ends at 20001: Will it surpass its 2008 high in the next quarter??

Dear Esha,

Thanks for referring this debate to me.The way I look at Sensex is that it rose in 2008; just like a compressed spring which when release bounces and takes its actual size , though global sentiments affected and we ran into bear phase , but nothing seems wrong with Indian Econoy and we are likely rather sure to cross all time high in coming quarter.

Times are looking good right now. Lets hope for even better time ahed.

Thanks for the referral Ms Esha

Yes Sensex will definately cross life time high`s.

There is lot of steam left over which needs to happen. The recent pick up is very minutely only in few sectors and mojorly liquidity driven by FII. In the current the 2010 FII pumped more then 18 Billion $ and near about 3 billion $ in sept. 10. DII being the seller these month. No minority retail participation yet. HNI`s might back tapping the m,arkets.

The slight correction of 5-7 % will show the the markets more healthy in near term.

There lot heat left in many sectors and segments. Be bullish and accumulate the infrastucture, CG, Banking, NBFC, OnG etc. etc. Realty can be the next bite for FII.

Shall not be surprised if could see new high in or before diwali.

Sensex has all the potential of crossing the 2008 mark and likely to touch 24000 by 2011 April. This assertion is made on the basis of analysis of power horizon of  'Kantian Business Cycles' that started positive from the middle of September 2010 and likely to continue up to middle of April 2011. The downfall is expected in the month of Dec-January fore 30 days only.

Microsolar Brain

Its a good sign at the moment what we saw yesterday, but still a long way to go to reach tat mark which we saw in 2008, but looks promising enough to reach close...to that mark...so psychologically we have crossed the 20k mark and now this should infuse confidence in investors so that we cross that mark...