Monday, October 18, 2010

Stock Markets- behaviour

New Delhi was to host the Commonwealth Games.  How to tell the International Community that India is a safe place not only for the games but also for investing?  The Stock market operating in the commercial capital in Mumbai came to the rescue of the Indian Government by showing continuous climbing of Sensex and the index reflecting the growth of the country and its economy which, according to me is nothing but manipulation by a few big weights who could move the sensex as per their whims and fancies!  The Games are over now and so is the stock market which is crumbling down every day!! The inflation is touching a high of 8.25% as per today's News papers.  All the big hues and cries about India being insulated from the world recession etc.. are proving to be false as it seems that India will join the world in the pool of recession.  My only worry is that having spent more than what the country could afford for organising the Commonwealth Games, the country should not head towards depression!!  Hope the stalwarts managing the Finance of the country will act in time and take appropriate measures to put back the country on its rail?

No comments:

Post a Comment