FinancialNirvana.com

Sensex, India’s Benchmark Index, is up 33.60% YTD.  However, about 30% of those gains have come during the last 8 weeks.  Overheated? 
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Indian stocks continued their strong run last week as the BSE Sensex touched an all-time high of 17,361.50.  Sensex, Bombay Stock Exchange’s benchmark index which consists of 30 companies, is up about 25% year-to-date. 
Is there a correction coming?
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Wall Street Journal is out with a bullish article on the Indian Banking sector.  You can read the article here (Subscription Required). 
Following are the key points from the article:
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The Indian economy continued to grow at a blistering rate as it almost hit the double digit growth rate in the April-to-June period.
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