MUMBAI: For the fourth day on the trot, turbulence in the Chinese market sent global investors, including those on the Dalal Street, scurrying for cover.
On Thursday morning as the CSI 300 index in Shanghai tanked 7% and the authorities there halted trading for the day, the Sensex lost over 400 points and slipped below the psychologically important 25,000-mark.
Jeitley and Modi has shown FAKE growth to India and the FII's came in.. Because of faulty economic policies india fell jnto recession. Now tha FIIs have lost confidence on India so they are leaving.
Thanks to Modiji that fall is still less and under control. Had it been Congress fall would have been 20000 by now. But I feel Sensex will correct and move to 23000 levels soon
Rhythm Of Life
When Sensex goes up then it is Modi effect and when it goes down then global cues (China/US/EU...), why? If govt get credits for success then they are same responsible for the failure too. There is no exception.
Abjinder Pal singh
Testing time for Mr. Jaitley if can steer the country's economy forward in spite of what is happening on China and Brazil..
China sneezes and India catches flu.
This is temporary effect. Chinese market slowdown will be a blessing for Indian market in the long run. We should be happy a weaker China.
It will stabilize soon...
China economy going towards a meltdown,India has already surpassed China in GDP growth, BSE/NSE needn't panic