Samir Arora of Helios Capital has expressed his free and frank opinion on the state of the Indian Share Market and same has been given considering the present Eurozone crisis. His statement is as quoted below:
I did think of a rally before but now there may not be much because the outcome of the Euro conference doesn’t seem to be a big bang kind of progress. There is a steady progress but it also means that for the next few months you may still have worries about how new debt being sold by different sovereigns would be handled, how the public or investors would react and also, the rating agencies overhang at all times. Today, obviously the market is up but the good thing about India is that these days you don’t have to worry much about the world. We are going to underperform if the world goes up and we are going to fall more if the global markets go down. Hence, in India you can be relaxed and just be bearish, depending on where your initial benchmark is because in the last few days everything has been more and more negative. I had a bullish stance for this month until today, but there seems to be very little hope for India in the very short-term.
Keep visiting the website to get stock market expert advice which will pre warn you of any forthcoming crash in stock market like we have amply done so forth by pre warning the investors i.e. Do Not Invest in Sahara Group as its state of affairs is not good and this was stated way back in 2008 and same has been also endorsed by Courts in 2011 related to Subroto Roy companies not to accept any funds from Public.
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