India's time to really shine !

3 Key news paper articles can have an impact on the way you invest :

The Economic time reported today and I quote :

"Indian stocks best performing among Asia in August: Citigroup

Indian stocks have emerged as the best performing lot among Asian equities, as it recorded only a marginal loss during the month, while a majority of others in the region posted higher negative return, a Citigroup report says. "

The Wall Street Journal reported :

"Europe's Growth Slowed in August

Economic growth in the 15 countries that use the euro slowed in August, according to a closely-watched survey, adding to evidence the euro-zone economy could slip into recession this year. "

The Financial Times reported:

"Pound suffers worst month since 1992

The pound has suffered its worst month against the dollar since October 1992, the month after sterling’s ejection from the European Exchange Rate Mechanism"


Now one can truely use the quote India Shining.

Friday the 29th of August saw Indian stock markets perform well based on the good inflation numbers and GDP expectations. Another market anamoly to remember.

After a week of low activities - investors were expecting a calm before the storm effect, but positive actions from around the world and strong global cues helped the Indian markets out perform global expectations.

Hasn't it always been the best time to work in India ? :-)