What are the effects of recession on indian captial market?
recession india is an emerging economy dependant on developed economies for IT services, oil etc and our gdp is derived from services and imports and govt depends on loans from abroad capital from abroad drove sensex to 21000 and it’s withdraw to 8000 but our economy (real) is self reliable capital market will rise again because developing itself means lot of space to improve we have lot of untapped cash reserve to come out of savings accounts and FD’s and illegal money laundering
