Dow’s Biggest Drop Will Hit Indian Markets on 30th September
U.S. lawmakers in the House of Representatives on Monday voted against the biggest proposed government intervention in the U.S. economy since the Great Depression of 1929.
Government officials, Treasury chiefs and political leaders from both sides of the political divide thought they had agreed Sunday on the details of a $700 billion rescue plan that would prop up the nation’s ailing financial system — and be supported in the House of Representatives.
As it became apparent the vote was lost, the Dow Jones plunged by 777 points. Now it’s worth watching Indian market in next few hours. Are you expecting it to open 800 points down or 1000 points. I just had a talk with couple of online friends in share market and all of them were of opinion that market will plunge today. Watch ICICI Bank tomorrow specially due to it’s investment in Lehman already and then today’s plunge.
I am seeing the markets at least 600-700 points down but you never know!
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Nothing of this sort happened.market dint go down as said nor did icici crash.
is it worth speculating the market…,i dont know…
There is no single/best way to win the market, as market will always be right…