We crossed 10000. And if you're not Indian, and quite possibly if you're not Indian, you won't know what "We crossed 10000" means. The BSE index crossed 10000 points a couple of days back.
What does this mean. The P/E ratio is good, so this isn't a bubble at all. What this does mean is that a lot of people stand to make money merely by investing in mutual funds. It also means that it really does help to have an educated person at the helm of our country. Okay, Atal Behari Vajpayee was educated, but he was a far cry from being an economics guru. What the Sardar and the Anna have done is established India as the financial destination in Asia, and nudged numerous small-time investors into trusting their money into this great economic destination.
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