Hey Guys,
As everybody know that US market fell down so what can we assume from India.
Frankly speaking Indian government is not at all interested in economy control they want to ease I mean like rupee value was depreciating then they told RBI to bring liquidity but the RBI can not bring the whole as the government has to take care of country security like dollar is universal currency so everyone try to preserve it so that in future time it may be used for any type of import purpose.
So where will market go???????? This is a multi billion question.
I guess it will goes the direction in which US firms wants.
I mean whatever is happening in US a Trader has to always think about it.
Last week RBI bring liquidity again rupee now depreciating. I suggest everybody to keep dollar with themselves but sell before the cold.
Once cold will come India will have huge export.
The reason of rupee depreciating is also the US slowdown that bring slowdown in country software export.
As soon as the US slowdown will discontinue, then we can expect a strong Indian economy.
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