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Chak De India for Winning Cricket World Cup !

Apr 2, 2011 would be an historic day for for India. It comes very close to other historic days in modern India's history. After all on this day, India won Cricket World Cup 2011 after 28 years - first time they won in 1983. That win changed cricket in India as well as in cricket world.

On Apr 2 around 11 pm IST, another such historic moment came when India's captain MS Dhoni hit a big SIX and won world cup for India (against SriLanka). That was ultimate moment for 1.2 billion Indians across the world. This must be biggest sporting celebration in world EVER. Even Soccer World Cup win would not create such a celebration (till either China or India start winning it:-)

In India, Cricket is more than religion, culture or anything we can think about. It cuts across all levels of religion, state, caste, economic status, culture, where they reside (India or abroad) and binds 1.2 billion people. None other can unite Indians the way cricket does. That's why Apr 2nd win was such an important event in India's history.

In last one decade India has gained significant confidence. With Indian economy growing second just to China, this win would give even more confidence to India and give momentum to Indian economy. It bodes well for Indian stock market. After reaching high of 21000, BSE sensex has gone below 18000 and now recovered around 19400 - that is also due to wins against Australia and Pakistan. This cricket WC win would definitely help BSE Sensex and help it cross 20000 in next one month and 21000 by year end.

So this week's recommendation is to invest in INDL at around $42-44. It could reach around $60 (for 30% return) in next 12 months

Chak De India !
Congratulations to all Indians on this historic win in cricket WC and becoming Cricket World Champions !

/Shyam

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