Coquitrader

India Investors Best Off Sitting on the Sidelines for Now

This downturn was expected and I just bought a sizable stake in IFN at 6.46US and am not panicking. The Indian economy, just based on its infrastructure needs, has no choice but to grow big and faster. You'll see strong forward movement by this November- regardless of where oil prices will be. China is another matter; as they continue to depend too much on the US economy.

India Investors Best Off Sitting on the Sidelines for Now

This downward movement was predictable, I just bought a good size stake in IFN at 6.46 US, and am not panicking. I see the Indian economy exploding sooner than later. I'm looking towards November when I see some strong forward movement emerging based just on their infrastructure needs- which has no choice but to grow bigger faster.