Indian Financial Market

Indian financial market is in confusion for quite long. The initial euphoria shown by the Finance Minister and the Prime Minister in soothing investors during chaos in the beginning of the year lasted only for days. All investors have burned their fingers and they are left with none to console. The PM and FM are busy dealing with global phenomena sending the investors in lurch. The investors have now made up their mind to face an even larger crisis.

The Indian stock market has fallen sharply and sees no ways for a return. The ICICI bank is the worst hit as its UK unit registered heavy loss by the fall of Lehman Brothers. This setback of ICICI Bank was imminent as they opt unethical practices and torture methods to take out the loans they given to borrowers. Many court orders are pointers in this regard. The average investors should be more vigilant about stock market hereafter and never be flattered by the hollow words of Indian Financial Managers.

K A Solaman