Categorie: Emerging Markets
Submitted 3 months ago by
Rajiv
, An Investor...
at Bank Of Baroda....migrating to USA
Friends,The biggest upset in politics , that is , Left deciding to withdraw support to Congress and still market was down just 176 points.How many thought of market plunging only this much?It went down by 300 points but recovered half in last session.Hence it becomes now clear that market already discounted the withdrawal of left support as if this was not discounted then market could have tanked by over 1000 points as destabilization of government in center is looked upon as a big negative for market.I think Left made a tactical error while withdrawing support to UPA as they already were able to garner support from SP and there is no way congress led UPA government can have any problem to go through the much needed Nulcear Deal with USA which will put us in an enviable postion with other countries especially the neighbouring countries.The SP support is a master stroke of the younger sibl...
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Submitted 3 months ago by
Rajiv
, An Investor...
at Bank Of Baroda....migrating to USA
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