The Indian heights!

With the bull run in the Indian markets showing no signs of relenting,today saw the sensex reach 17,219 levels up by about 140 points.all of this has been reached with a very rapid pace.but of course the naysayers are saying that now that the sensex has reached this level that it will start correcting itself.in other words they are predicting that the 'bull run' is now over and that the sensex will fall by a huge margin to the old base of 16,000.
But the Indian sensex is showing no signs of having heard that prediction.it has moved at such a rapid pace that it even caught most of the international investors by surprise.with the inflation figures down as well all this bodes well for the Indian economy and by extension to the Indian sensex as a lesser inflation generally means that the common man will be much more inclined to invest more and take bigger risks.so all is not yet over for this bull run and the Indian sense is now aiming at new heights,maybe at the 19 K level,perhaps?

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