The Delhi election results will cast their shadow. To add to the market woes, SwissLeaks appearing in an Indian newspaper, naming leading Indian industrialists who have accounts in Swiss Bank HSBC is likely to impact on the market adversely. These facts were perhaps known to the market and Harshad Mehta (reportedly having balance in bank of $ 53,631,788) had long broken any integrity claims of the BSE. Very few would accept that Mumbai Stock Exchange runs on economic fundamentals.
There will be perhaps be a tradeoff with the account holders to repatriate the money. So the Indian rupee should strengthen even if the BSE falls!!!
Without any risk or responsibility.
There will be perhaps be a tradeoff with the account holders to repatriate the money. So the Indian rupee should strengthen even if the BSE falls!!!
Without any risk or responsibility.
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