We are not ignoring the fact that recent economic data showed reducing CAD and Inflation.We are also not ignoring the UPA governments measures to strengthen Rupee. They could reduce the food inflation.In election in India Onion and potato used to be the main discussion subject.UPA can feel better this time for reducing the food inflation.But FIIs were focusing something else.Lets check on that.
Ever since Narendra Modi selected for BJP`s prime ministerial candidate stock markets in India was reacting positively.From September last year FIIs were crazy about Indian market .FIIs betting on possible stable Government.In September last year FII purchase in Equity was 12,632 crore.Till February this year FII bought 55741 Crores in Indian Equities.So far in month of March they bought 19469 Crores.Last week FII was really pouring money into Indian market.In last 5 days FII net purchase was 10478Ccrores
Lets relate this with opinion polls released by several agencies. Most of these polls say Narendra Modi may become the prime minister and BJP will come into power.FIIs are looking for a stable government.Now look what BJP can offer to the investors
Below is the main points from their economic agenda
Provide stable policies for investors
Transparent investment atmosphere
Policy stability and quick decision making
No policy paralysis No corruption
Vodafone like tax issues will be avoided
Economic policies for Both congress and BJP is not different. But the stable government must be established on clear mandate. Latest reports showing NDA can get 225 seats in election.So getting the absolute majority will be easy for BJP. Several factors drive the market growth. Let’s just watch how the stock market moving in India from September last year supported by huge FII flow.
We took the stock market growth across the globe like US, Europe and China. Several good and bad news were influenced the market like China and Germany contraction, Ukraine crisis, Dollar strength etc .
Now our Nifty performance for the Sep 13 to March 14 period
NSE Nifty index rose 18% during this period,clearly out performing all major world indices.Several factors helped this growth like declining CAD and Inflation.But the major reason behind this super performance was due to the increased optimism from Global investors.
We are not here to make a prediction on continued bull rally as we are believing in efficient market hypothesis. All available news are already factored in.
Ever since Narendra Modi selected for BJP`s prime ministerial candidate stock markets in India was reacting positively.From September last year FIIs were crazy about Indian market .FIIs betting on possible stable Government.In September last year FII purchase in Equity was 12,632 crore.Till February this year FII bought 55741 Crores in Indian Equities.So far in month of March they bought 19469 Crores.Last week FII was really pouring money into Indian market.In last 5 days FII net purchase was 10478Ccrores
Lets relate this with opinion polls released by several agencies. Most of these polls say Narendra Modi may become the prime minister and BJP will come into power.FIIs are looking for a stable government.Now look what BJP can offer to the investors
Below is the main points from their economic agenda
Provide stable policies for investors
Transparent investment atmosphere
Policy stability and quick decision making
No policy paralysis No corruption
Vodafone like tax issues will be avoided
Economic policies for Both congress and BJP is not different. But the stable government must be established on clear mandate. Latest reports showing NDA can get 225 seats in election.So getting the absolute majority will be easy for BJP. Several factors drive the market growth. Let’s just watch how the stock market moving in India from September last year supported by huge FII flow.
We took the stock market growth across the globe like US, Europe and China. Several good and bad news were influenced the market like China and Germany contraction, Ukraine crisis, Dollar strength etc .
Now our Nifty performance for the Sep 13 to March 14 period
NSE Nifty index rose 18% during this period,clearly out performing all major world indices.Several factors helped this growth like declining CAD and Inflation.But the major reason behind this super performance was due to the increased optimism from Global investors.
We are not here to make a prediction on continued bull rally as we are believing in efficient market hypothesis. All available news are already factored in.