Fears of a recession in the US makes Asian indices come down. Nikki is down, so is Kospi and Bombay sneezes !
Well, the Sensex is well below the 20,000 levels. Now it is at 19868.
Many experts feel that Indian market will not be affected and that cash will come into India, which will make the Sensex and the Nifty rise.
Now Jupiter in the adverse 6th has changed the climate.
Reliance's Power has rewritten history, with 1.25 lakh crore worth applications on the first day itself. Let us hope that the Subprime crisis and the concomitant recession in the US will not affect the Indian market, which the experts say is well insulated.
Jupiter in the 6th can create an uncertain atmosphere. Small investors are now afraid to invest in the secondary market, as they fear their fingers will be burned.
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