DT contends that Indian stock market is significantly undervalued, even at 4700. Inevitable corrections notwithstanding, and irrespective of NASDAQ, the Sensex should reach 6000 by March 2001.
A shift from an administered interest rate regime to interest rate targetting in India is the key to achieving a sustainable GDP growth in excess of 8%.
It pays to know about the election results before they happen. Which is why market players go to great lengths to derive information about who is going to win...
The DT issue of August 1998 had documented how the markets were not wrong in 1997; indeed, about how the stock markets of Korea and Thailand had signaled well in advance (in 1995 and 1996) that all was not right in East Asia.
In a pre-budget special on India less than two months ago (Feb. 24, 1999) Developing Trends boldly predicted that: economic reforms were in the offing, interest rates were set to decline, the stock market was set to rally...
