India’s stocks market plummets, erasing $386 billion in market value

#India’s #stocks market plummeted, erasing $386 billion in market value, as tallies signaled that Prime Minister Narendra #Modi’s ruling party was struggling to win a majority of seats in national elections. Also the #yen strengthens this morning and #Intel #CEO Pat Gelsinger takes a swipe at #Nvidia's Jensen Huang. Manus Cranny reports trib.al/OxY0r43 #tech #business #investing #money #finance

[@shouryabhattacharya2284]

India has a difficult unemployment and underemployment problem as such a lot of young men and women are not being able to make a living in the regular job or business. That emotion is being expressed in gambling in the futures and options market. The Indian equity markets are among some of the most leveraged markets. The cycles are going to be smaller now. This season the FII selling in the Indian market was from pseudo FIIs as it seems.

[@APpp-t5i]

Modi came once again and talking about market. Indian markets are capable in itself to come up once again in next 15days max .❤❤