Thursday, May 18, 2006

Mayhem in markets

The BSE Sensex took a precipitous plunge. Much of it is of course driven by the US interest rate hike and a long awaited pullback.

But why are institutional investors offloading so much? What do they know that we don't?

Developing.

3 comments:

Unknown said...

Rumours abound that - foreign dogs who have been pouring in money into India are going to be taxed....

Unknown said...

So the dogs decide to piss on Dalal Street to show Chidambaram who the boss is...

Realising his place a shaky chidambaram will tommorow proclaim in all the pink papers that "Firang Kutta Devo Bhava " asking all indians to bend over for FDI and take in as much as possible....

barbarindian said...

Haven't you heard? He already backtracked.

Foreign investors aren't traders