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Is the Financial crisis over??

Created by : Sukumar Maity, Sr. Associate, IDBI Bank  | 11 27 2008 08:50:48 +0000
Industry : Equity Research/AnalyticsFunctional Area : Business Policy(Strategy & Execution)
Keywords : Stocks Financial Crisis Shares Crisis Equity SENSEX NSE BSE Economic Crisis Global Crisis Meltdown
Activity:  368 views;  last activity : 07 06 2010 20:18:09 +0000
Everyday we see the news which is dominated by the worsening of the markets day by day if we just go back, the year started with a bullish run in the sensex which reached as high as 22000 and  now in the same year we are witnessing one of the worst crashes ever in the history and today what is  shocking that the sensex has now reached as low as 8700 which is the lowest since 2005 the gain which was  acheived in 2-3 years was washed away within 4-5 months or even less, while getting  reassurances from the governor,PM and the FM of the bouncing back of markets the reality is something thats quite different.  So the question is that how long would actually this thing last or is the worse yet to come. So what do you think ppl, Is the financial crisis over?? What are your views on this......
  
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Yes it is over in my view, because  sensex is not the only true indicator of economic health of India . Secondly finance market in India is not as big as it s in the US  or Europe , so what  i feel is that  India would continue to produce , and Indian markets will prosper along the way. With demands surging all over, the current situation only shows the desperation of investors . Even though the world economic growth has slowed down but for India it will be positive and healthy. Plus a sensex correction was a long over due in the Indian market,  only investors are a bit paranoid but there will be a time when they will start investing back and we will see market stabilizing in future....
By Surender Singh, Associate, HDFC Bank  | 11 27 2008 11:17:55 +0000
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Frankly speaking according to me the financial crisis is not over, i guess the worse is yet to come the sensex even might reach to 6k because all the other markets all over the world is at a all time low in 5yrs, so the worst is yet to come.. and be prepared for pink slips which will come along the way....
By Sukumar Maity, Sr. Associate, IDBI Bank  | 11 27 2008 08:50:48 +0000
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