I predict the Benchmark Index of Bombay Stock Exchange (BSE) to go up to 15,000 levels. This is based on the a small revival in the retail housing segment and the effect of the Government Stimulus Plan which has now showing the results.
This prediction may fall back to 14,000 to a sub 13,400 levels if the BJP comes to the power or the a Government where the Left is a co – partner.
Posted by Hemal Shah on May 3, 2009
http://hemalshah.net/blogs/2009/05/sensex-prediction-for-may-june-2009/
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sm
/ May 5, 2009hemal i agree with you
yes you right this cooler will keep is connected always.
Arslan Aziz
/ May 3, 2009It’ll be interesting to see how that pans out. I still think global cues will have a lot to do with it. Any gains due to election results might be short-lived, being based on euphoria rather than fundamentals.
Hemz
/ May 3, 2009Yes, you are right. But the Global cues are giving a positive signals for some time now, though not stable. The gains from Elections will be short lived, but it will stay for a good enough time so that people can recover money from it.
Also, this is a prediction for May and June, 2009. Hence, what might happen after this may be so very different. Thanks for visiting
Read the original prediction that I had made here