The Indian stocks soar to new heights!

Today saw the Indian stocks soar above the 16,000 mark.this cannot all be attributed to the fed slashing the interest rates in the United States.that said,it seems that the bears as far as the Indian stock markets,have gone into hibernaiton and the bulls are getting more and more frisky.with the political situation in India still at catch 22 i wonder if the 16,000 level will be sustained in the days to come,especially if the elections are just round the corner.either way,the exporters are in the seventh heaven,let's hope that this good feel lasts for some time to come!