Earnings growth by H22016 will lead next leg of rally:

This year quarter earnings ended by March31 and investors remained hand folded expecting the big organizations to take time in decalring results from their side. The reality scene is just opposite. 38 out of 50 Nifty companies have announced their stakes and an aggregate hike of 55pct in net profit is attained.

After prolong break when finally the economy is resolving issues and glitches its obvious that investors cannot trust the change.

Strong GDP growth:

Recent news claims that India’s GDP has crossed China. The GDP rise extends to 7.3pct though the expected hike was 6.9pct after March 2014.

FM Arun Jaitley confirmed, “There is a huge scope with all the steps the government has taken, and will take in the course of the year. Our potential to grow into a higher league is certainly there.”

How investors view such a state can be made out from a statement by the chief economist at Crisil, D.K.Joshi, "There is some disconnect between the GDP numbers and the situation on the ground.”

READ ALSO: Sebi Imposes 2-Crore Fine On NDTV For Delayed Disclosures

Despite Jaitley's Assurance, Sensex Falls Further