Betting on India

It is always a pleasant surprise to see our country finding mention in the positive light. We have had so much negative media.

If you remember we had written about the coming millennium being India's if we do the things we have to and not mess up the chance history has given us.

This bloomberg story put a nice touch to the comparison made with china. The story quotes Aesop who wrote

" Men often applaud an imitation and hiss the real thing "

For a change India is the real thing. This is something we have to realize. A lot needs to be done and a lot is being done. The next twenty years will prove us right or wrong.

Coming to the trading week ahead. The markets closed weak on Friday. A mixed bag as far as individual scrips go. Some showing bullishness while some bearishness. This has been the general trend for some time now. Surprisingly the mid caps started showing signs of bullishness last week, we have see if this is the start of a fresh upswing.