NIFTY AT 7000/8000?
Speculative flows are “blind” money will take the Nifty to 7,000 or maybe 8,000. The rise will be swift and vertical. We could get there by February or March 2011. Unbelievable! Maybe. Possible? Absolutely
With low floating stock, most available stock in top tier companies already in institutional portfolios, a potent combination of low float, large amounts of cash (and more coming in every day) is building up which seems ripe to take the market in a vertical fashion
Ashu Dutt's The Boom & Bust Journal - December 2010 Edition - See http://www.ashudutt.com/boomandbust.aspx
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