Monday, April 20, 2015

Indian stocks fall over 1000 points in 4 trading sessions...

Indian stocks fell over 1000 points over  4 sessions ; today it fell 550 pints; the Indian Rupee fell to 62.86 to the dollar, its lowest since March 16.  Foreign investors seemed to be leaving on the back of strengthening US Dollar and also tax fears among FIIs.  

Investors seemed to seek reassurance from quarrelling politicians that they would support reforms. Bloomberg reported that foreigners sold $ 34 million on 16th April, 2015. 

Without any risk or responsibility 

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