50 Per Dollar - Indian Stock Markets Nifty Sensex Crashing

All hopes are gone for Indian Stock market investors. 24 th October seems to be the biggest Black Friday for Investors and along with the crashes in Europe that follwed to India it is spreading all over Asia. Europe and Americas unexpected financial crisis. The value of Rupee has declined to a very low causing foreign exchange value per Dollar to come to a record high of Rs.50. This is the highest decline for indian rupee. This has many benefits and defects. Many people in US are transferring funds to Indian banks so that their families can get the profit from the increase of exchange value. This is the trend that is happening at present. Many Foreign financial institutions who have made deposits with Indian banks and companies have started selling their shares at a lower price very fastly so that they can get dollars in return and take it to their countries. They are in fear of losing their money if some companies get financial crisis. The whole market is now in the hands of bears who have defeated all efforts of bulls to save the market from crashing. Everyone was in the hope that Reserve Bank of India will make some changes in rate that can save the crisis.After infusing Rs 1,85,000 crore liquidity into the banking system this month, the Reserve Bank of India on Friday surprised the market by keeping its key rates unchanged in the mid-term review of annual monetary policy, which lowered economic growth projections to 7.5-8 per cent for 2008-09.

Nifty indexes came more than 1000 points below than yesterday and today the trading has started at a loss in the morning. Reserve Bank of India had no choice but to sit tight during the quarterly monetary policy review held today. The repurchase rate, reverse repurchase rate and cash reserve ratio were all left unchanged at 8%, 6% and 6.5%, respectively. National Stock Exchange’s Nifty ended at 2,557.25, down 13.11 per cent or 386 points. The broader index touchedBSE Midcap closed 8.38 per cent lower and BSE Smallcap Index ended 7.66 per cent down. DLF (-23.96%), Ranbaxy Laboratories (-17.83%), Hindalco Industries (-17.82%), Tata Motors (-16.54%), Reliance Industries (-16.44%) and Mahindra & Mahindra (-16.04%) were the worst hit. a low of 2,525.05.

HOW TO MAKE MONEY IN THIS SITUATION

As the Indian Government requests share - stock holders, it is advisable for everyone of us not to panic in this situation. the best thing to do is to buy shares at this time because most shares are now available at very low rates, And for those who have already purchasedfew months back, it is better to analyse their situation at present. Find out whether at present you have any profit if you sell your share at present. If that is the case you can sell your share and other people who are looking to buy at low prices will buy it. If your calculation proves taht now the share value is much less than when you bought it and if there is any chance that there will be a loss, then please don't sell that share. The value of share will only increase if people liek you dont panic and make things worse. We all can hope for the best and remain stable and make proper decisions so that we can make huge profits when the stock markets start climbing steps and crosses the index mark of 10000 again. It is all in the hands of share investors itself. I can assure only one thing, Europe and US Market crash situations won't happen in indian Markets