The Markets...

At one end, there is way too much inflow of foreign funds into India and that is making the Sensex reach 1000's within matter of 3-4 days. With lingering around 18000 - that is like 3000 increase in 3 months - every small & retail investor should be very cautious to play as the Finance Minister has put forth. Just a quick look gives us the idea - The hype hasn't reduced for infrastructure & real estate. All Basic/Engg, Cement, Construction, Metals and ofcourse the Financial services are all the key players.

While at the other end, INR is knocking doors of Rs39/$, and it is seen to end at Rs.37.5/$. Many small Cos, BPOs, Exports & especially IT industries are already affected and it's gonna get worse. Likewise, the importers are becoming strong competitors 'coz of their reducing costs for the domestic manufacturers. And obviously, NRI don't want to sell their currencies in loss.

It's 2 different ends driving the Indian market today.