Is The Growth Likely To Continue Through 2015?

As we all know, the market tends to move in a series of waves. So, the big question is, “Is this wave going to crash?” In my personal opinion, the answer is no. Some of the major drivers of the growth including Cipla, Sun Pharmaceuticals, and Bajaj seem to be just at the beginning of their runs from both a technical and fundamental standpoint. Since an index is only as strong as its constituents, when we take into account the growth projections for the constituents listed on the Bombay 30, it's hard to imagine the index going anywhere but up!

Final Thoughts

As both a long term investor and a day trader, I'm growing increasingly excited about following the Bombay 30. As a trader, it's becoming relatively simple to take advantage of short term trends and breakouts in the index because they are literally all over the place. As a long term investor; it's hard to find equities in other indices that generate the massive returns the equities listed on the Bombay 30 are generating. So, overall, no matter if you're in it for the long haul or you're taking advantage of short term trends, there's going to be something of value for you in the Bombay 30.