Thursday December 22, 2005 | Saurabh Mishra's Weblog |
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2006 market forecast As the mist of 2005 is beginning to settle, let me recall about the great things of year 2005. It has been a great year for the Indian stock market history. We created new highs. Despite being volatile, we moved up and the upwards journey is still continuing. Lot of people are sitting on huge profits from stock markets. However I fell that we need to be little cautious and try to average our sell and buy orders. If you have made good profits you must try to book partial profits. At the same time, we must continue to buy stock specific stores. Indian economy will grow and the GDP numbers are going to raise in the coming years. The GDP number will be far better than the developed economy and hence India will emerge as a global leader in engineering, IT services, BPO and manufacturing.
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