Friday, May 14, 2004

More gloom ahead!

Today the markets saw all red. The next government is not yet formed, but the Left Front is already upto its usual games. It has demanded that all disinvestments by the central governmnet be stopped. Consequently the markets crashed by more about 330 points. That is down by more than 8%, which is a record fall in the last 4 years.

Definitely not a good sign. Hopefully, all this is not an indication of the times to come.


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