Finance, Forex and Investments

US recession impact on india economy?

indian stock market will touch 30000 mark?

Public Comments

1. Not only in Indian, it impact the world, as long there's U.S. Business in those country, it will impact the stock market.
2. Three cheers for the most irrational idea ever, a global economy. Hip Hip, nomoney!
3. It's a world market the U.S. happens to head.
4. US has a lot of debt. From a country standpoint, would not it be nice for the locals to buy back their local companies from foreign instuition. (as long as India'wealth is growing). World has change, now even forign countries start to buy companies in US for the long haul. This is tech transfer and human evolution. The US is too greedy and lose control on spending as others are willing to lend money to them. Now money is less and US has to sell their assets to raise cash. It is possible to touch the 30k level but long run seems promising as there are lots of areas in India that can improves its economy and efficiency.
5. If the US has problems it will have an impact on every stock market in the world. On the bright side, more American companies might decide to offshore more jobs to India to save money. Good question.