Yesterday
the RBI Governor did not cut interest rates but he hinted he would in Jan 2013.
In the same breath he also said that inflation which has been high for last 3
years is not expected to come down for at least the next year or two.
UPA2 has
been the worst performing government in the history of our country. Until this
government changes the stock markets will not go anywhere – at best remain
range bound between 18,000 and 20,000 sensex. Political pundits claim that UPA2
will fall in 2013 which could happen. Then as an investor I would wait for the
fall of UPA2. If it happens there will be a steep drop in the markets and that
is the time to buy blue chips and make a killing.
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