Having been to both China and India I must say India is very challenged in almost every respect. At the time I thought it couldn't get much worse than what I saw in the back blocks of China, but then I visited India and was left quite speechless. India has lots of promise but its a challenging country in every respect.
I wait to see how things pan out a little more before I spend more on this as I think the way the market is .... there will be plenty of opportunities for me to grab what I desire.
OEX Price at posting:
23.4¢ Sentiment: LT Buy Disclosure: Held