Market at BSE 20,000, Indian’s play their 20x and is world champs of 20xTwenty.

At such a historic milestone, we need not dream where it eventually end.
It would be easy to enlist 20x to remain bullish.

1. x GDP growth of 8 per cent plus for the next 5 years i.e. 8×5 = 20xTwos.
2. x The RBI from behind the wicket is managing the economic growth and reduces the impact of blowouts.
3. x No reason to believe why our economic growth story will be wide off the pitch.
4. x Very aggressive and super fast delivery from all India Inc which would continue upward 20 basis point. Earnings resulting compounded growth through the next 5years.
5. x Brilliant innings from some of the talented entrepreneurs are delight to watch and there would be definitely be an action replay.
6. x Six off Six Sessions, easy capital availability, Indian companies embarking on large capex expansion to ensure future growth
7. x Emerging new sectors like real estate and retail, expanding overall market cap and investment options.
8. x Politics ceases to be a major threat, all central political “Dhoni” think tank more or less alike on economic roadmap. Emergency declared to reach the mount Everest.
9. x Interest rates at their plateau, with dollar investments pouring in.
10. x Global emerging markets ready to take Indian products and services.
11. x India is the best hedge against any recession in the US, reserve line up is excellent.
12. x Very robust domestic consumption, with significant availability of cash at the hands of masses.
13. x Steady inflation below 4% creates better value.
14. x Indian stocks have huge embedded value in their unlisted subsidiaries.
15. x India is just being discovered as a “Physically Fit” asset class by global money managers.
16. x Insurance sectors are now allowed to invest in Stocks have fairly enhanced market participation.
17. x There is a mass hysteria about stocks, STB’s ( Small Time Businessmen x are diverting their funds to the market.
18. x With SEBI as a Third Umpire, playing a stellar role to regulate the market,
    the mandatory overs are being played cautiously. Hence there would not be a repeat story of Harshad Mehta scams.
19. x Enormous amount of Asset under Management of Mutual Fund’s are chasing and driving all over the field for a better performance.
20. x Indian households extremely underweight on equities, will unlock their value potential, fuelling increase in stock prices.

Chak de India!!! Chak de!!!

S Sriram