Market is showing signs of strong bullish sentiment partly on account of
healthy Q3 CAD (current account deficit) number at $4.2 billion and partly
on account of probable BJP led ruling coalition at the centre in the upcoming
elections. India is also offering a better investment destination as compared
to China within the Asian region and also amongst the fastest growing nations
in the world.
The nervousness with regard to the murky shadow banking system in China
and its likely fallout, is working in India's favour.
healthy Q3 CAD (current account deficit) number at $4.2 billion and partly
on account of probable BJP led ruling coalition at the centre in the upcoming
elections. India is also offering a better investment destination as compared
to China within the Asian region and also amongst the fastest growing nations
in the world.
The nervousness with regard to the murky shadow banking system in China
and its likely fallout, is working in India's favour.
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