Here is what top managements had to say about Sensex at19,000:

Rahul Bajaj, chairman, Bajaj Auto, said retail shareholders must be careful one year down the line. He asks them not to be greedy.

"People who have invested in the stock market are delighted. The fund inflows are good for companies wanting to raise capital for greenfield projects, expansion, mergers, and IPOs. From 18,000 it touched 19,000 in four days.

I feel it will touch 20,000 in a week or two. It could also go down. Trading in stock exchanges is based on global circumstances and national factors like GDP growth, industrial growth, and political situations. Retail shareholders must be careful one year down the line. I would not be greedy and ask people not to be too greedy," Bajaj said.

Y C Deveshwar, chairman, ITC, said they are going to keep a watch on the markets in the short, medium, and long run. "The Sensex goes up and down due to a number of factors including money supply, money chasing the future of Indian businesses, availability of money, among others. The other is performance of companies. So, we are going to keep our eyes open in the short, medium and longer run," he said.

Adi Godrej, chairman, Godrej Consumer Products, said the run up was a reflection of the success of the Indian economy.

"It is a reflection of the success of the Indian economy or the consumption-led success of the economy, and confidence in the global competitiveness of Indian corporates. Growth in the market reinforces this and enables corporates to raise cheaper capital and plan ahead. It is a strong signal of great success of the Indian economy. We can do even better, with a greater dose of liberalisation, globalisation, and privatisation," he said.

A M Naik, chairman and managing director, L&T, feels the markets will eventually even out to more realistic places.

"I don''t know why the markets are going to 19,000 with our kind of economic growth of 8.5 per cent-9 per cent. A lot of international funds are coming into India due to the opportunities they see here compared to other markets. When they see opportunity elsewhere, the market will eventually even out to more realistic places," he said.

Anil Agarwal, executive chairman, Sterlite industries, said they would like to be a significant player in India.

"When we used to call India sone ki chidiya ( the golden bird), it is there, whether it is aluminium, copper, zinc, or iron ore. We would like to be a significant player in India. We are positive about it. So, I think India is the destination to be," he said.

S Gopalakrishnan, CEO and MD, Infosys, said the amount of money coming from outside is a concern.

"From a wealth and business perspective, Indian companies and the stock market are doing well. The positive atmosphere is good. I am concerned about the amount of FDI money coming in from outside and how we are handling it as a country. Otherwise, the positive environment and the wealth it is creating is very good for the country," Gopalakrishnan said.

Sanjiv Goenka, vice chairman, RPG Group, said the increase in the Sensex bears testimony that India has a very good future.

"I am happy about the markets booming and about the world responding to India''s very positive story. The increase in the Sensex bears testimony to the fact that the India story is beginning to roar, and India has a very good future," he said.