Indian stock market is the best performing market in 2009. In one minute the market soared by 2911 points on a “Magnificent Monday” i.e. yesterday. The investors in the market are likely to get returns of around 48% in 2009. The unprecented jump in the market was due to UPA government coming back to power. But the FII investment would further increase if the government delivers on the policy front.

The Indian economy is growing at a pace of 7-8% inspite of the economic downturn and hence investors chasing performance would definitely pump monies into economy. While some experts feel there could some consolidation before the market moves on, analysts at Credit Suisse believe Indian stocks could overshoot considerably, global markets permitting, from pre-budget period to July. With investors in developed nations like Australia, France, the US, the UK and even Switzerland registering 1-6 % losses or at best, flat gains in 2009, experts believe India’s outperformance will bring in more FIIs, hedge funds and big institutional investors.

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