Right from the start of the Global economic recession,India too faced its drop in the sensex points.Both BSE and Nifty faced a huge depression in the points.Today the markets went down to below 8000 mark and it is still expected to go down.The sensex has been dropped down to 62% in 192 days and now the investors are in trouble.Even many banking sectors have raised their eyebrows and this huge fall in Sensex will really put the whole nation in panic .The Finance Minister and RBI governor are in real pressure to solve this crisis and some regulations has to be done in order to save the markets.It is expected that the interest rates may be cut down by RBI.According to the Finance Ministry the liquidity is the problem.
This week’s start in Markets is a bloodbath and mostly all the companies shares turn into red and hardly one or two in green.The sensex went below 7500 and it is according to the finance ministry that if the drop goes by 10 percent then the markets will be closed and no trading will be done.The recession still continues even after the G7 summit and the Asian and Europe leaders summit in Beijing.The leaders at the global level are seriously discussing about this recession and the anxiety among the investors should be overruled immediately.If this continue’s then many banks are sure to file bankrupt.
But last week the RBI governor Subbarao has said that the Indian economy is in healthy position and there is nothing to worry.Even the Finance Minister insisted the same.Even after their statements the markets drop went on.Economists say that for a big boom, a backslide is happening.Many shareholders decided that their patience have execeeded limits and now they are going to find some other way to keep thier money a safer one.The major industries and corporates are hit by this recession severly and they have faced a huge loss.Experts also say that the recession can be ended after the november US elections.
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