Living in the 18 k's, envisioning the 20's.

As people might be thinking a few seasons back, 'What would life in the 18 K's be like?'. With the end of the 18k mark, probability soars high to get into the 19th within a few moments. And the ebb and flow of the recent tide has left people quizzing again 'What would life in the 20's be like?'. The context does not touches upon monarchy, colonization, technology, relativity theory, universe or politics either. Its the bulls that have been licking numbers in the past few weeks. Sailing around the 13k and 14k mark depicted 'India Shining' and equity holders were generously happy with the way their investments have been surging. The trend continued for a couple of months and the sensex pendullumed within a proximity of 500 points on either side. But 13s and 14s have been history as if the benchmark existed in an era of similar numbers. 14 to 15 was quick, 15 to 16 was quicker, 16 to 17 created history and 17 to 18 was sheer momentum. Now the bulls are eying 19s and licking their luscious lips to get ready to hit the target right at the median and causing no delay for the attack. And looking at their voracious appetite, it doesnt seem there is any stopping to contain them around the 19k mark. The market is vociferous and hitting target 20 is not too far again.

Wherein for the past few weeks, the 'I play-safe' investors would be expecting a correction sooner or later to thrust their hand into the market, they would be lamenting upon their decision now. But are they smart enough to do a repentance job at the moment? The question is a little dicey and the markets can hardly change the nature of the investor. Risk is the name of the game and if you are willing to drop the hat in the ring the chances are that there still are better days afoot. Wherein safe guys would have been waiting for the around the corner correction, the audacious and smart investor has already bagged a huge, unexpected turnover of fortunes and portfolios and willing to carry the momentum towards many more sessions ahead. Information Technology has once again been enslaved and succumbed to the bears and it would be a better option to loose some rather than expect those number to back in business. The world salutes the rising sun and currently the IT sector has been enshrouded by the clouds of expectedly eternal darkness and it seems hard to overpower the bears with the rupee appreciating by leaps and bounds on a day-to-day basis wrt the US Dollar. But once again, the market has been playing ebb and flow amidst speculation from the Finance Ministry of India regulating the P-notes to be verified before allowing Foreign Investments into the Indian markets. Its too early to diagnose and prognosticate the market numbers before the auspicious Diwali bonanza after experiencing the highest peak for the Sensex followed up by the second highest single day fall during a trading session.

Moreover, the investment portals like ICICI Direct and Reliance Money are advertising smart slogans to lure the naive optimist to foray into the blooming markets and be a part of the rising spree to make hay while the sun is shining or instead blazing with unprecedented heat and vigor. Even housewives and teenagers have forayed into online trading and the Gen-X is no longer ignorant to the virtues of the Sensex or Nifty. The curiosity to fathom the fundas of micro and macro economics so as to understand the intricacies of Indian economy viz a global index depicts that its not a rat race that everybody wants to get into. Trading in the current scenario has become a discipline of understanding and profound vigilance. Focusing on the basics the picture looks pretty rosy and the investors would be eagerly awaiting the bulls' rallying and gushing the sensex along with them to cross the momentous and magical 20,000 mark. The occasion is ripe and seems around the corner; so just keep your fingers crossed for a wonderful festive and trading season ahead!