Global and Indian Economy @ an interesting juncture

We are at a very interesting juncture now. Economic boom was seen the world around in terms of high stock market indices and soaring real estate prices.
India has also seen tremendous shoot up in stock market values and real estate valuations. It will be interesting to see whether this growth would continue......if so, at what phase.
Sub prime market woes, Exchange rate fluctuations and Political conditions are the factors that are the main factors being looked into by all analyst. Will India get affected by sub-prime crisis, will sensex continue to grow in the same speed, the future of IT in terms of exchange rate fluctuations are the key questions as of now?
May be we need to wait a little more before we figure out a trend.

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