1. India is still ahot destination and FIIs will realise soon as Indian GDP will grow by around 7.5% by virtue of human resource element available with us. Mutual funds, FII & insurance companies are sitting on huge cash. Mutual funds are comfortably placed presently as these are not facing any redemption pressures. They are waiting for right valuation to enter as Indian valuation is still a matter of concern.
2. One can avoid sectors which are likely to be affected by inflation and oil price like reality and aviation sector. Alternative energy is the ideal sector for investment.
3. OIL Update:However do not get perturbed by oil price hike as it will also fall like Newton's law of gravity. However it is likely to touch $170 level before retracting.
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