BE(Elec) VJTI, MBA (NMIMS) - Management Consultant with over 25 years of experience - helping companies grow and scale profitably using a benefit linked model.
I don't want to get into this GDP growth debate. I lost interest in this data point a while back.
Instead I go with " Real Feel" GDP growth.
India,$4 trln , growing ~7%: Crashing quality of life. Janata looks stressed. Traffic looks chaotic.
Cities & villages look GDP of a $ 100 billion country not 4 trln.
"Real Feel" : GDP growth of 2-3%
Europe: GDP growth: ~ 2-3%. Janata looks happy. Khushhali - happiness everywhere. Everything looks super chic, organised. Clean. Cafes, restaurants buzzing, music on the streets. Lovely villages.
"Real Feel": GDP growth of 7.8%
Indian markets open gap up and then come down to fill the gap and create one more gap and then come down to fill that gap and the process continues. FIIs are clearly showing who is in control.
The markets made a fool of every one today. FIIs build short positions at the end of the day and Gift nifty again -150 for a big gap down. Trapping bulls is the easiest thing these days and becoming extremely predictable.
Indian Markets are positively correlated when the world markets are falling and are negatively correlated when the world markets are rising - in other words, we will fall irrespective of what world markets will do. Monday gap down loading