Fed decision today

Look at the exhorbitant rise in Nifty PE. Its only second in rank compared to 2008 PE when it was 28+ and then crashed to 12 odd. When market will crash (as its only liquidity driven rally) due to no strong fundamentals, retailers / minnows /sips & all small traders like u and me will say good bye to market for atleast next 5 years. Close observation of state of Economy depicts its clearly in pathetic condition, GDP growth at slowest (Even lower than UPA mess), Petrol diesel price at highest level – even when crude was at 110 $ per barrel we didnt see these prices, jobless growth, no opportunities to invest (FD & RDs should be officially declared dead as they are in coma). So innocent people are just investing in SIPs. Fund Managers have to invest this money so buying any possible stocks (may not be even 1/10th eligible) . Sooner this will wade through petty excuse not related to our country. Moral of the story… Dont underestimate power of FIIs… They are market makers/ shrewd foxes !! All the best :slight_smile:

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