Wednesday, December 19, 2012

India : The Sensex could not make New Highs

Do you think the Sensex can make new historical high this year?
Marc Faber : I do not think so. But if the government continues to pursue expansionary monetary policies and disregards the inflationary symptoms--we already spoke about the real estate prices going up in India and becoming unaffordable hurting many people--there could be some gains, but even in that case, I do personally believe that Sensex could not make new highs. - in rediff


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