How affect the prescent political situation in india to share market?

Question

The left parties withdrew thire support to UPA govt. due to some nuke problem.But I heard that only because of it there is a diminish in indian share market. How is that?plz illustrate it for me.How the national leaders assacination affect share marketing?

plz explain it with an example.

Answer 1

The present situation is very different. The growth of the last 15 years is propelled by the growth of Asian economies, of Latin America, and parts of Africa. For the first time, the population of China and India tend to become an economic asset, instead of a liability, in terms of productive capability and domestic market expansion. Such a growth is partly due to new infrastructure development in different parts of Asia (in fact, much bigger in scale than the one in Europe in the '60s), and also due to the competitive edge in terms of cheap labour and skills. The finance capital market too played a key role in propelling new investments in the stock market that, in turn, propelled the economy. Asian countries are beginning to play a competitive game and are also using the finance capital market to acquire market share, productive capacities and big multinational corporations. Many of the takeovers (by Tata, Mittal and others) are of immense symbolic importance.