The Indian Nifty index opened above 10,000 an all time high and made a new high before dropping back, while the Sensex is also near all time highs. Reasons are many and all positive – stable political environment, can do government, good economic prospects for India for years to come even though job growth is slow, a young population, controlled inflation, foreign money pouring in, relatively painless GST roll over so far and other technical reasons. This gives a positive view to the just over 3 short years of this government. With India getting built and rebuilt, great things are ahead for the country in the years and decades ahead with big external and internal challenges!!!
Source: Economic Times
- 25 Jul 2017