Asian market tumble due to fear of second recession expected in USA ,kospi and hang sang index open almost 6% lower,Nikki also worst performer during session.
sgx nifty trading around 4930 so expected 200 point down opening in Indian stock markets also ,if market not recover in first hour then more fear coming and pain full selling across the board expected.
one should be cautious to buying stock for one two days until market settle again ,remember 2008 downfall in stock market and avoid loss.
down fall in oil and commodity not so quickly beneficial for Indian economy ,Indian people also in liquidity crisis and if monsoon is good and crop must lead growth momentum which gave relaxation for people.
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