August 12, 2011
Best or worst for stock Market
Best or worst for stock market in India is lying in the middle of the top and bottom of the current levels. Market has been going through a tizzy in last few weeks and it has become extremely difficult for average investors to keep hold of that. US debt issue has flared the global market worries. Europe was already going through a tough time and when US debt problem came in the picture, it blasted the stock markets world over.
Best or worst for stock market is something which is like predicting its top or bottom levels. Lot of people would say many thing but no one can actually predict that.
Best or worst for stock market depends upon lot socio-economic factors. World has been struggling with economic turmoil for last three years but this time it is different. USA is not showing any sign of permanent solution for its debt problem and china, which was in a better position in 2008, is currently showing sign of weakness. Therefore the risk of a bigger economic recession cannot be ruled out.
Stock markets do anticipate a lot of these things and as usual, they have been falling since news about US debt worries broke into the public domain. Indian stock market has gone through their own share of beating but more breaksdown seems to be inevitable.
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