Happy New Year !

From 6200 to 4200 to 6600, We have experienced it all ! This has been a very profitable year for stock market with more people entering equity and making profits. Looking forward, if the Sensex was at 6200 in Jan of 2004, then we have every reason to believe that its undervalued at 6600 now ! The future looks good especially considering the "Growth Enablers" we have at the present time.

Here are some of the reasons ( borrowed from Rakesh ) why India looks so DAMN GOOD a place to be in!

Cultural

Tolerant People
Educated
Skilled
Savings Oriented

Demographics

54% people under 25
Vast Domestic Market
Young Working Population

Economics

Enterpreuner Class Well-developed
Resilience - No Frequent Boom Or Bust Cycles

Political

Democratic
Secular
Populous
Consensual System
Judicial

Geo-Political

Vast Natural Resources
Nuclear Power
5th Largest Economy
2nd Fastest Growing Economy

Ofcourse, there are things which can spoil it all which we wont discuss it right now ! Now is the time to celebrate on the profitable year we had and spare a moment & little money for the people who have lost their lives & were displaced from their houses due to the Tsunami.

Happy Investing

God Speed