I will appreciate if finance minister would take the responsibility of giving accurate and correct information to the public. Trying to give a rosy picture about the growth story of India despite adverse global picture would be incorrect. We are part of this global economy and contribute substantialy. We too will be affected and the intensity may differ. his is what the finance minister is expected to educate the citizens. Giving false data and continuing to make statements about our 8% growth and so on does not seem true.

The common man trusts govt statments and that too commming from Fm who is highly qualified and respected. He has to inform the truth. If he does not inform the truth just for Votes it would be cheating the common man and people will loose faith in congress.

I do not blame the FM for what is happening to the global economy and indian stock market but yes if his staments do not reflect the reality i would be very unhappy and would feel cheated.

Request FM to be as honest as possible so that the poor dont get hurt at the cost of rich.
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Dear Friends,

We are in a very difficult zone. I would like to believe one should get out of equity even at these rates and park their money in Gold.

Oil US$ and global finanacial turmoil will affect growth in comming 6/9 months. We may have to revisit EPS & PE for the market. I think we will see some new lows. may be 10800 on sensex and 3250/3450 on Nifty. I dont see market in bull faze for 6/9 month some rallys may be seen in between but that will only giove shorting opportunities or to sell the stock.

I would say dont be afraid to sell even at this rate. You will for sure see some more errosion.

Ash...