Indian stock market was punished for reasons that are short term in nature like excessive speculation in indices, too many loopholes in the system, downtrend in US economy etc.
Indian economy can provide cushion for all those who are loosing in US economy. As of today, Indian markets saw sudden influx of money from global speculators. Indian economy needs sustainable continuous flow of money for really long term to give good returns. This is good for economy and also for investors. Indian economy needs huge investments in road, rail, telecommunications, digital cable and air infrastructure. There is lot of money to be made in service sector. Era of Indian consumerism has just begun and it is here to stay. India will see US like gigantic economic boom and will sustain for several up and down economic cycles because of billion plus people.
I am invested in Indian market and i am here for long term.
Thanks
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