Sharma: Absolutely possible. I have been around too long to say that its not possible, that it cannot happen. I would even go to the extent of saying that Jeremy Grantham (veteran investor and founder of GMO) wrote an interesting thing and which is that the amount of money that has been thrown at the so-called problem that may or may not move the GDP but thats enough to move stock market. That is because, in a stock market, it's barely 30 stocks you need to move for the market to look extremely good. Thats probably what the phenomenon is across the world, particularly in emerging markets, given the fact that the dollar does look extremely weak in the short run. There is nothing to suggest that why we cant get at least close to the highs if not absolutely make a new high whether we sustain those highs or not, thats another matter but you have a fair shot at it now. It cant be ruled out.
He never said so in his any past interview this ever, see how he is showing his true colors.....those who are thinking of market has not the legs to cross 4700 nifty or feels that this trend is not going to last long needs to read SS interview at moneycontrol.........Afterall he is a bear and he is doing 360 digree vault face.........I have never seen such a person who is so learned can take a U turn like this....
Now he is ready to believe any probability.......I donno what to tell about him .