Man …this is like everything is falling. True but not all falls are good. I work in US so oil falling means cheaper gas. In India that translates to higher profits for oil companies because petrol and diesel prices do not fluctuate as they do in US.
Stock market falling..yeah I do not want to touc that subject..my pain area .
But I am becoming short seller now. Some where I have to make money to recoup losses !! Let us see how successful I am on this.
Rupee falling..That is true part because dollar is going strong and rupee is anyway weak. And latest report from HSBC has confirmed that saying it might touch 54 as compared to dollar.
Good news for those who want to repatriate money to India !
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