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Old 10th July 2010, 12:28 PM
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Default Shanghai Composite Index



What is wrong with "Shanghai Composite Index"? All over the world many markets are moving towards previous high but this is going down and down slowly.

Everybody urged to invest in that market but now it is close to 60% down compared to the 2008 peak. All the western media were praising Chinese market and finally made that down.

Now they are talking about India like IMF says the Indian growth would be 9.5% & White House says Indian policy very well protected the country from recession etc.

Would the Indian market be the next one?

Is the movement of the market is based on the fundamental or scandal from the west (or developed countries)? .
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Old 10th July 2010, 02:07 PM
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In sum, my gut feeling is that sooner or later our index should behave like Shanghai Index.

That is what I see as of now.

Happy Investing!
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