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Moneycontrol.com >> Message Board >> View Messages >> Reliance
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India story is Over friends get out fast (4)   03-Jul-08 18:55Tracked by (2)  
Posted by:   bhusbhac on ( 03-Jul-08 18:55 )
Price : BSE: Rs 2071.10 ( -3.36 % ), NSE: Rs. 2070.10 ( -3.45 % )
Dear Bhatt - You have forgotten that USA is a land of subprime crisis and worst business decisions of a lifetime as surfaced in the recent past. Just because they have ample resources and infrastructure amounts to nothing if they don't have growth. There is a lot to do in India there is nothing much esle to be done in USA and that is business = problem solving.

You have forgotten that FIIs thought India and other Asian markets were good investment decisions and now you must tell us the reason why the situation has reversed. One possible answer another one of their blunders?

The subprime crisis, low interest rate and the depreciation of the US Dollar vis a vis other major currencies (not Indian Rupees) is responsible for the inflation we are witnessing so as an Indian find a solution and do not try to runaway from the scene!

Yes really we should disconnect from Nasdaq and Dow since from now that market is affacting us less and less each passing day. If we learn to stand up on our own feet we will certainly come up strongly in the not so distant future.

Jai Hind!

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