Is more than 30,000 Sensex well within reach?

yes index will definately cross 30000 within 2015.there are lots of scripts available at cheaper price.

there is no doubt india is progressing at its high pace but still corruption becomes the hinderance in our progress but i agree with MR PURI that indian market definately goes on upside as thing looks to be controlled in next four to five years

Mr Aditya puri is realsitic and practical, in this country there is no adequate coverage on news disclosing the ground reality on day to day basis.Good monssons foar the past one decade coupled with reduction of urban unemployment and thanks to programs like NREGA there is lot of progress . The growth story in india should not be looked through the prism of few urban based industries and soft skill industry alone.The growth is conspicuosly visible in FMCG, AUTO AND TELECOM industries due to the nature of industry , products , consumption style and recruitment trends,
Where as in the manufacturing growth is not visible due to traditional style of functioning. Mr purai as a banker has clearly observed the ground perception and i agree with him. Yes 30000 is definitely possible by the end of 2013.

This country though surrounded by enemies and internally have a great chance to implode yet there are people who think we will become what Mr Puri think.Everything in the life does not run on human logic but is controlled by logic that comes out as a reality from the People's DEEDS.I think that our hinterlands will script a new future and we will BECOME.

Puri's comments are realistic, and India will have a successful growth for the next 20 years without any problem.

Money from U.S. bond market owing to low interest rate will continue to come in India. Hedge funds will do well even if the market is temporarily bearish.Long term investment in mutual funds are needed which should be actively managed with greater alpha. Good fundamentals are possible for defensive stocks. when the market comes back to normalcy from being overvalued more FII investment is possible as commodity(gold,silver and oil) prices are high to have got to switch to them.

i am happy if his wishes come true.this will come true if corruption in our country is eliminated.

Well, if you consider the real inflation ( what I mean, the real inflationary pressures due to which the comman man is suffering maximum to pull on their daily lives mainly arisen from the unaccounted black money floated ov er to India during the last 5 to 10 years), no doubt the Sensex must have crossed index 30,000 level. But investors of domestic as well as foreign are afraid of put their money in the stock stream because of recent upheavals of blatant corruptions sitting on the zenith of every walk of life in India, and many other internal political and caste based reasons the economic barrow meters could not show the correct index level. But in real terms the index level is much more than the 30000 level as an imaginary conception!

Sir, I wish Mr.Aditya Puri's faith in the Indian economy is shared by one and all. However one swallow does not make a summer. Can he empirically prove how many rural areas he has covered to arrive at his conclusion. Our agricultural lands have been spoiled by over application of urea which is heavily subsidised. Once the people are shown some luxuries in the form of freebies it is difficult to wean them away from them.
In Tamil Nadu for example, 20 kilos of rice are given free. Electricity is the cheapest in India for households. The vote bank politics has ensured that this pampering of voters and pandering to the whims of the masses has resulted in a deep deficit of more than a lakh crore for the state government.

Disparities in income and wealth have been widening every day. Fat salaries are disbursed to government servants while Mr.Montek Singh Ahluwalia is sure that Rs.20 is sufficient for a day to survive which shows his deep rooted desire to check subsidies but for that sake he cannot afford to earn a bad name as not being practical.

Day by day the greed of the political and bureaucratic class is coming to light. Mr.Manmohan Singh is shown in poor light as he is tied to the wishes of his political master.

India is not fated to be a developed country what with Pak and China teaming together to conspire against India.

And lastly yoga guru Ramdev and Anna Hazare are in loggerheads which is not good for the Lokpal Bill.

Congress can no longer hope to capture power with their shenanigans getting wild by the day. There is no viable national party to hold its ranks together and presenting a credible opposition. But India will still run its show as some good meaning citizens are still god fearing.

Mr. Puri, is overtly optimistic. Its not bad to be optimistic but Mr. Puri should manage his own bank first before going to rest of India. There are branches where people are not able to answer queries of customers, phones are off the hook, as the staff cannot manage their work load and even answer calls (so phones off the hook)at HDFC bank. Can Mr. Puri look at his own back offices and the disconnect between back office and branches before deciding on India