- Political stability is present

- mansoon is not bad either.

- No further bad news to have drastic impact on indian markets.

- Interest rates are slowly softening.

- Recent edition of business india is forcasting sensex at 25K level , its

  ironical that news was opposite to them few months back.

 

Only down side is outsourcing is low and real estate is not still picking up that means people are still not sure to put their money in real estate.

 

So the i have the money to invest but not sure whether i put that now in the market! All quality and even subquality businesses looks expensive. Investing at this time is more of a gamble than any rational decison to me.

 

I am sure Buffett would have started preparing for fishing but What Peter Lynch would have done now if both of them in India?

 

 

 

Yep, i missed the bus, now have to wait till assets become cheaper .

 

Yes Hit, Bargains are always there but efforts increase proportionatly to search them with SENSEX.

 

Let me know if you see any bargain? I think LEAF and PRAJ are such scrips to bet on.

 

Agreed that LEAF  and PRAJ  are bargain buys. About LEAF,  I can concur that it will give you money if you buy at this price but it will very certainly test the patience of most investors with the kind of noises the government is making on rice export front.

 

I feel fertiliser sector should be kept in mind because there will be a big difference in their performance once kg basin gas is available to them. I am looking at that sector.

 

Another sector watching is the tea sector because of crop failure and rising tea prices. I especially like Goodricke and there is a whole thread dedicated to the company.

 

Another small company I feel with good potential is Cords and Cable India .(I am still evaluating it) Looking at the first quarter earnings of a few cable companies, I think cable companies should be in for good times considering the fall in the commodity prices.