Why Experts Feel that Sensex may Fall to 17,000 by March 2014

Experts are of the opinion that Sensex is on a steep decline and may hit 17,000 by March 2014. Here are few reasons why the experts feel so.

Economic growth slowed down:Indian economic growth is going backwards and the GDP rate has come down to 4.5 per cent from 9 percent in a matter of 2 to 3 years.

Foreign investment might not be always good: There is no wrong in saying that the Indian economy is acting according to the whims and fancies of  foreign investors and this might not prove good in the long run.

Fiscal position of India : India’s government spending is a huge concern.

The downfall of Rupee: Indian Rupee has not recovered yet . If the under-performance of Rupee continues things can go worse for us.

Expensive stocks: All the stocks in the market are pricey. And buying such pricey ones might not prove beneficial