Indian Stocks and Rupee Witness One of the Best Months in January 2012

February 10^th, 2012—Mumbai, India—Both Indian stocks and the Indian rupee has had one of its best months in January 2012 where the Indian stock market continued its upward trend and rupee gained back some of the huge losses to the US dollar in 2011. In fact, rupee went from being traded over Rs.52 per dollar to about Rs.48 per dollar within one month. Also, it gained against the US dollar for 4 continuous weeks and is expected to gain even further in the coming months. On the other hand, Indian Sensex has seen an increased inflow from foreign investors and that has helped the markets go up week after week.

According to IndiaCompanySetup.com (www.indiacompanysetup.com), 2011 was a poor year for India as per its high growth standards set in the previous years since India was inflicted with several problems ranging from high scale corruption cases to impact of the ongoing economic crisis in Europe and United States. There was also the feeling that economic reforms were too slow and there was some uncertainty amongst investors regarding new policy announcements by the government. However, things have started to change and although it has been accepted that India’s economic growth will most probably be slower than the previous few years in 2012, the country is still amongst the best places to invest. There is strong demand for the rupee now and it is expected to continue its gains against the US dollar in the coming months. Also with opening up of the retail sector and talks about huge foreign investment in Indian infrastructure, several billions worth of foreign investment are expected to flow into India in the coming year.

As per IndiaCompanySetup.com, mood amongst investors have suddenly changed for the positive after having somewhat of a choppy 2011. However, India should be careful to ensure the mood remains positive as there are still many grey areas in the economy and especially the corruption scams such as the ongoing 2G case will certainly dent India’s image amongst foreign investors.

About IndiaCompanySetup.com

IndiaCompanySetup.com is an India focused business information portal. It provides detailed and accurate information on how to setup a company in India as well as information on company laws, business environment and other important information on doing business in India. For more information, please visit http://www.indiacompanysetup.com/

Non-Public Contact:

Sonia Shashtri

IndiaCompanySetup.com

Email: [email protected]

+1-415-800-4828

Website: http://www.indiacompanysetup.com/