The Indian sensex along with the strong rally in the global market took an upward surge for the week ended May 14, 2009 and crossed the 12,000 mark. You will be amazed to see that this rally has been captured to the date in the wealth index of the India karma index values for 2009, which we had published earlier during this month.

Updated BSE actual Sensex Prediction as per 14/05/2009

However, our forecast based on the India Karma Index values is that the markets are not likely to regain its secular bullish nature before 2010. Moreover the political uncertainty ahead of elections in India may not allow the market to rise beyond a certain point. There may be occasional spells when the sensex may break the resistance barrier of 10K but on the whole it would be around 10K. In today's global economy, no market is an island. The ultimate recovery in Indian stock market can only take place when the global economy comes out of recession.

If your strategy for market investment is for long term benefit then this is your best opportunity to enter the market. If you invest then you should prepare to stay invested for the whole year. In case you do not have the holding capacity and your goal is short-term, then our advice will be one of extreme caution and preferably you should not enter the market.

Keep watching this space for further updates on different world markets.

*Disclaimer-* The result has been declared keeping in mind the interest of our members. Please note that Cyberastro will not be responsible if an individual consider these predictions for any betting, gambling  or speculative purpose.