What does booming share market mean to you?
Unlike Americans, we in India aren’t active shareholders in the Share market. Only 2 Per cent Indians spend in Stocks. However, a sharp drop of 1000 points in a single day could reason fear.
Here are pointers that explain today’s market development:
• What happened today: The benchmark index S&P BSE Sensex, the gauge of India’s share market fallen 1000 points on Monday morning as soon as trading began. The drop is 3 Per cent over the previous close on Friday. It is in streak with other markets in Asia. The Chinese market signified by the Shanghai Composite index has fallen over 8 Per cent. Other key markets in Asia in Japan, Korea and Taiwan are all fall 3-4 Per cent.
What does booming share market mean to you?
3:20 PM
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