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Indian Stock market is supreme in its behaviour and is effected by US market

Posted By On 12:30 AM Under
1. Today was a great day when crude slipped below the level of $100 and this situation has occured post February 25 first time.

2. Another aspect which needs to be seen is that Rupee has touched the 46 per dollar mark for the first time in past 2 years. The last time such a situation haad occured; it was on September 29, 2006.

3. However despite all positives Indian market did reacted in negative manner and thus proves that market at times behaves contrary to expectations. The same was due to US financial meltdown to include Lehman Brothers filng for bankruptcy and Merrill Lynch being sold to Bank of America.



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