Wednesday, March 14, 2007

Butterfly Effect

The Butterfly Effect has once again take place in the global stock markets.

World stocks tumble on US fears - This is the second fall in as many weeks.

In India, The markets continue to trade weak in noon deals with the benchmark index trading 12,568 levels with a loss of over three per cent or 414 points.

Even though experts believe that long-term growth story is intact, they suggest that investors are interested in company specific investment ideas rather that buying the macro economic story.

The impact of these events on Indian Growth Story is anybody's guess.

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