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Rediff.com  » Business » Is India's growth just a bubble? Tell us

Is India's growth just a bubble? Tell us

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April 04, 2006 12:41 IST

The markets' record breaking rise continued with the BSE Sensex striking an all-time high of 11,710 points during intra-day trading on Tuesday -- that's from 11,000 to 11,700 in just 7 days!

A rise in inflow from foreign institutional investors and mutual funds, short covering in derivatives and firmness in global markets has caused this boom.

With over 882 FIIs (686 a year back) registered in India, the country has the potential to attract over Rs 100,000 crore (Rs 1,000 billion) FII investments this year.

Even investment guru Marc Faber said that Indian markets will continue to grow for the next 10 years!

Even as FII money flows in and Sensex continues to touch crazy highs do you believe that India's growth story is for real and not just a bubble?

Tell us what you think!

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