- The sharp rise is indicative of rising volatility in the stockmarkets. DSP Merrill Lynch says a 10% correction likely in emerging markets.
- Bulls now will be choosy, focus on stocks, sectors with growth potential. Returns visibility a major criteria.
- Retail/individual investors enthused by 5500-plus rally since May '04. Their return a buffer to FII outflows scare.
- Dedicated India funds no longer the main source. Japanese, West Asian funds also interested in Indian markets.
A Big Learning Curve
A Big Learning Curve
A Big Learning Curve
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