ET members: I check a number of charts of world markets each day. This is a process I've only started recently. Lately I have been amazed to find that each day I look at the intraday chart of the Bombay India Index (SENSEX (^BSESN)) I see a smooth upward trending slope, each and every day for as long as I can remember. I've attached a number of charts that show the current state of the Indian market. The market is up over 100% from its May lows. While I know that many markets around the globe have experienced gains this year this market seems especially hot. This market's assent is dwarfing the rise it saw during the tech bubble. Something interesting is going on here. Click on a handful of the main component stocks here: http://finance.yahoo.com/q/cp?s=^BSESN You will find many of them up 200% + in the past year. What is also telling is that the bulk of these stocks mirror the index in shape, a tell tale sign to me of a real money push into these stocks. What I am wondering is if anyone has had any experience with Indian stocks, companies, or the country itself. What has the financial press been saying about this market? What is the word on the street there? Has irrational exuberance caught on in the subcontinent? Equally important, had anyone played any Indian ETF or and Indian ADR's recently? The best bet seems to be IFN. Anything you have to add about India's market or emerging markets in general would be very welcomed here. Thanks.