Goldman Sachs Reports are read with great diligence worldwide and it has issued a fresh report on India where in it has expressed its concerns related to Indian growth. The gist of the report is as appended below:
"We find that the Indian stock market does not present an attractive risk/reward entry point currently as macro headwinds are likely to persist in the near-term. Poor Nifty performance has been attributable in part to a gridlocked political landscape, plagued by project delays and lack of reforms. While we agree that the political headlines have created uncertainty in the market, the main impact to the market is through the investment channel in our view."
So Goldman Sachs has given a thumbs down to India and our govt need to get their act together and take the bull by horn and execute steps which propel growth and take India into the league of developed nations with some vision like vision 2020 etc.
The above report was issued in June 2012; so do not worry as things will turn rosy with passage of time as their is silver lining after dark clouds. Thus if you are a trader than you can definitely make money with our sure tip as it performs irrespective of the climate prevailing in the country.
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