Thursday, January 13, 2011

indian stock market underperform

From sometime the indian stock market underperform. The indian stock market is driven by FII liquedity. Now when US and EUROPION markets coming on track FII are selling their stocks in indian and other EMs. Last year when indian market outperform, the valuation of indian stocks are streached. So they become expensive from peers. The fare value of indian stocks according to EPS is below 5400 nifty. So the benchmark may go to 5400.So every one cautious about market. The investers and traders should be more carefull now

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