Indian stock markets will touch 7000 in one year?

Question

bse index wat say

Answer 1

This market had a huge run up like China on booming growth. The market is facing selling pressure esp in large cap Indian banks due to the concern of higher interest rates in India.

I'd be shorting or avoiding right now.

Answer 2

Look at IIF.  They have $29 earnings on a $23 stock.  

Both India and China have the problem that they are emerging from a Marxist environment.  India should have an edge because 1) they speak English, 2) their system has greater financial transparency, 3) they produce a very large % of PhDds in fields like computer technology and chemical engineering.