Thanks for the link joshi sir, With china being g2 corrections will have a bearing on global economy, at least through the indirect route. I also think all these things affect the discounting process as far as India is concerned; also sensex gained 203 points yesterday on positive news from china. Stimulus package flooded cash and now there are corrections.
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Padmanabhan R, Articled / Audit assistant, Finance student
| 08 21 2009 06:33:51 +0000
YES, i agree to all of you.. We can say that the PANIC started in China with more than 5% fall and ended up with the heavy falls in India and the Asian markets..
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Japan Shah, H.O.D, Oxford School of Management
| 08 20 2009 11:27:35 +0000
I also agree with both of you. The heavy selling of Chinese shares in Shanghai has sparked a concern that the market was overheating and had steamed too far ahead of the country's economic reality.This was one of the major factors influencing the global downfall of stock market.
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Esha Johar, Risk Analyst, Irevna
| 08 20 2009 10:20:45 +0000
Yes i believe china had a role to play here where panic stricken stock market started selling heavily and there was so much volatility that all other stock markets followed it and this created a broad-based decline in Asia, with China's Shanghai Composite threatening the bear market territory it would need some stern measures to control this decline.
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Jyoti Rath, Sr. Associate, Barclays
| 08 20 2009 08:09:45 +0000
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According to me the china is not only the key factor who is responsible for the downfall of the stock market across the globe there are other factors like recession in developed country, Trade policies of the country FDI And FII in the stock market which influence the stock market in the world. The pricing of the currency is also one of the factors.
By
Mohammadarif.A.Shaikh , Consultant, My Learning Centre (CALORX)
| 09 03 2009 16:44:26 +0000
What i believe is NO, its global panaroma, due to low demand and less liquidity in entire world, chienese or global exports tumblled which created dependance of stock market on general issue, which shakes by a slight move of any financial concern.....
By
Nagpal Singh, Sales and Business Development, Babel Group of companies
| 08 21 2009 03:12:56 +0000
in this days of mass media we would have to believe every thing has a role to play in effecting the stock markets.it is china,it is swine flu,it is madoff,it is bearring fraud,it is foreign exchange fluctuation,it is oil prices,it is commodity prices,it is companies making profits and not making profits.it is swine flu.it is our prime miniister is sick and hospitalised.it is pak making weapons.it is a wild fire in a jungle asian countries.which lead to closure offactories in china for few days.it is oumpic games,it is clinton visiting india.it is bush visiting india.it is a get together of busines s tycoons in some place called davos. rbi rasing and fallling crr.interest rates.etc etc...ultimately anything which can effect the demand and supply. everything which can effect the estinmate dprofit and loss of companies. everything that can effect th e gdp growth. beauty lies in beholders eye what the media is showing now a days becomes the reason apparent.while it is so many things together.
By
sandesh saboo, Research Associate/Analyst, saboo associates
| 08 20 2009 11:22:33 +0000
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