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What is the effect of the sensex going up and falling down on the economy of a country?

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What is the effect of the sensex going up and falling down on the economy of a country?

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To my mind its the meter of any country’s health. sensex is cummulative impact of nation’s people belief in their country’s industry. With a kind of faith and trust in the country’s industrial growth people invest or buy the shares of perticulars which signifies the trust and faith of peoples in the developement of country. so when more n more people invest or buy shares at higher price makes sensex going up n up showning good faith and trust in current economy of the country and better future. So for any country sensex is n identical sign of its health n strenght and people’s faith n trust in the current political status also.

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