Has The Bull Run Begun?
9/6/2012 9:00 PM Thursday
It has been almost two months now that we, at Dalal Street Investment Journal, have been harping upon the fact that India’s structural strengths as a growth economy are intact. All the gloom surrounding the economy in general and the markets in particular is about to dissipate soon, and the markets look like they have a good chance of resuming what some would like to call a SECULAR BULL RUN. With most of the issues already beginning to mellow down to levels that are now seen to be manageable, it is just a matter of time before we actually find ourselves in the midst of a full- blown bull phase.
Of course, like all good things in life, it pays to take stock of the factors that will take us there and be careful of the pitfalls that could surface. It is well known that over the recent past, the markets have evolved in such a manner that it is just about unpredictable as to when the bulls would be down on their knees and the bears would be ready with their claws drawn, which could tear off your portfolio returns.
Coming back to the most important question that we are seeking to answer here – has the bull run begun? Here is what we think is happening.
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