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As a finance professional, it gives some satisfaction when your prediction about the market comes true, but as the markets have tumbled and my own value of investments come down, I am not happy.

After I wrote the piece that By start of Next Fiscal you expect Sensex to Cross 10500 mark, the markets for once rose and crossed 15000 mark, again to fall below 11000 mark, albeit momentarily.

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The Sensex after touching 23000 mark has now breached 13000 level closing below 12000 mark. Usually, the share market experts, or that’s the way some people would like them to be believed, believe in predicting the markets on the lines of movement in the markets. These very pundits believed markets to cross 30000 mark when the sensex was at its peak.

I had contrarion view at that time. Only one thing that can move index northwards is the growth in supply industry. Rest everything follows it.

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