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Germany joins the U.S. at an historic high. France at a two-year high. Portugal at 52-week high. Japan at five-year high.
The Dow Jones Industrial Average rallied 87.31 points, to end at 15,056.20, finishing above 15,000 for the first time, led by Caterpillar and JPMorgan. The index first broke above the milestone on Friday. The blue-chip index also ended higher for the 17th consecutive Tuesday. This is the first time in history that the index has posted such a streak.
The S&P 500 climbed 8.46 points, to close at 1,625.96. The index entered bull market territory, climbing 20 percent since its lows in mid-November. The Nasdaq squeezed out a gain of 3.66 points, to end at 3,396.63.
CONSUMPTION
YEAR--2020
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1. There will be nearly 0.40 billion middle class consumers--some 120 million households --in India by 2020.
2.The number of billionaires is rising from 4 in 2001 now 55 expected to rise 500 in year 2020 and 1 million millionaire in 2020.
3.Youngest working people of the world . In 2020 India's young working age population (Age Group 20--30) wil have overtake China. India 240 million people Against China 186 million people U.S.A will have 46 million people in the Age Group 20-30 years.
4.In 2020 India's Per Capita Income Expected to Rise $4400 From Current Level $1500. Alomst 3Time From Current Level.
5.In 2020 Consumer Spendings Expected to Rise $3584 Billion From Current Level $1005 Billion.
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OVER THREE TIME FROM CURRENT LEVEL.
6. The $ 3.5 Trillion Spending By Indian Consumers By Product Sector As Below....
1.FOODS....................................................... $ 913 Billion
2.HOUSING & HOUSE HOLD PRODUCT.... .$ 774 Billion
3.TRANSPORT & COMUNICATION..... ......$618 Billion
4. EDUCATION & LEISURE ....................$360 Billion
5.HEALTHCARE..............................$184 Billion
6.CLOTHING......................$189 Billion
7.OTHER.................$546 Billion
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TOTAL.......$3584 Billion
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7. Number of House Hold In India By 2020
Upper.........9 Million .... .........32Million
Middle........28 Million.................45Million
Lower....68 Million.................43Million
CONCLUSION!!!!!!
The rapid growth in India has led to enormous growth in the consumption of the buliding blocks of household ---from copper to corn to chicken to coal ---plus almost every other ingredient important to better lives, particularly conveniences and vehicles of transportation of all kinds.
We estmate the consumer market of India will triple over the current dcade amount to $3.5 trillion annually by the year 2020.
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What To Do Today..........
Our Opininon for Today's Market.......
1.Market Looks Volatile.....
2.EVERY DIP IS BUYING OPPORTUNITY....
1.Some Insider Say NIfy go up to 6200
What To Do Today........
Nifty....Today Face Resistence at......6090...6135..6188
Nifty.....Today Support at ....5980...5825...5760
Nifty Range...4200--------6600
TRACK ME RESEARCH......
NEXT TGT FOR
Sell Nifty Around 6200/6300
Our Opininon for Today's Market.......
1.Stock Specific Movement Expected Today ......
2.Midcaps Looks Good....
INTRADAY HOT STOCKS: 10/05/2013
sell bank nifty sl 12700
buy sbi sl 2270 tgt 2320/2340 sell below 2262
buy icici bk ab 1163 sl 1148 tgt 1170/1180
buy idfc tgt 157/160 sl 151 sell below 148
buy dives lab ab 1100 tgt 1115/1130 sl 1070
sell dlf sl 242 tgt 230/225/220
buy merkant tgt 17.5 in 1 week
buy petronet tgt 143/146/148 sl 135 sellbelow 132
UP SIDE WE HAVE EXIT CHANCE NO FRESH BUYING
L&T FINANCE HOLDINGS
(BSE TICKER-533519@ Rs.83/-)
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RBI TO ANNOUNCE NEW BANK LICENCE SOON
L&T HOLDINGS EXPCTED TO GET FIRST BANKING LICENCE !!!!
Rs.120/- Rs.150/-
Alert:- Our Subscriber's Long in Stock!!!
Forget Short Term Movment
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