European markets are closely linked to other market of world; debt crisis is now spreading to other countries of Europe. First it was Portuguese, Italy, Greece and Spain (PIGS) then crisis started to deepen, causing pressure for entire region. How did this caused problem for India, I have complete explanation. European crisis was gaining strength, so USD was strengthening against other ... [Continue Reading]
Is European crisis responsible for the fall in nifty future?
Few days ago I received lots of email that if European debt crisis responsible for correction in nifty future, I would say yes, European debt crisis has much to do with not only India but many other global economies. This crisis started after the Lehman brothers was announced bankrupt in 2008, soon subprime crisis began and real estate and banking sector has took the biggest hit. Recently 8 ... [Continue Reading]