Changing Lanes

There is an upbeat in the market, results are promising, worst is behind, there is a stability in the sentiments of market, at-least thats sounding, everyone informing about list of enquiries and orders. Yes, season of change, while looking for winter, Spring surprisingly came to rescue many. Industrialists are supporting economists on revising GDP growth targets, primarily in India. Europe and US might take still time to come up 1 to 2% in GDP, from negative GDP. Unemployment rates are high, there is a sense of protectionsim in the air for outsourcing to cut cost. Do, India still favoured. India internal GDP is strong irrespective of bad crops, moonsoon and catastrophes. Drought like situation to flood like scenario. What's a drastic change in climate, this would be the year after a decade strong of moonsoon supporting our GDP. It's good say that, "Bura waqt mein bhagwan bhi saath chod deta hai".

India rural employment gurrantee scheme, and unemployment scheme at-least striking rural youth to be in rural and not migrate to urban to look out for a job. Job market is not that promising, though there is a feeling of hiring across. Automobile sector have given a robust grwoth on easing loans, RBI still holding the credit policy unchanged. Govt continued to offer stimulus package. These are signs of stability and early recovery in Indian economy. IT services results are promising, though Re appreciation oops, the dollar depreciation is dampening their spirit of sound profits. Companies who have hedged aggressively are the loosers when $ was appreciating, and who let go as it is, they are the kings. CFO's are listening ;=)

Companies have started giving compensation hikes, dearness of food items are so much that, every salary employee is looking for his employer to free some bucks for them. Govt employees are the favourite of every retail giant, as they are the maximum beneficiary of six pay commission and getting disposable income in hand. Sales team in companies who were struggling to retain their incentives and bonuses are smiling happy in seeing their order book piling up.

Yes, there is a change in environment and really things are changing it's lanes. People are setting their mind to consume again rather from savings. Booming in infrastructure, govt spending in infrastructure, banks easing loans boosting realty sector, consumption of consumers are in up-beat, Really the diwali has come with all good spirits. Things are bullish, Are they mad like capital market. Who knows. but it's sure that things are changing... Hopefully change is good and at the same time constant.