You can picture India thus – the Nifty and Sensex ranges decreasing in movement yet not at higher levels really waiting to start over, wordlly fallen currency icons of the Dollar and the Euro trading undha badla and getting paid for being done in globally in Rupees, esp the Euro “winning” against the Dollar at a move from 1.27 to 1.26 instead of losing as it counts to have in most currencies, and a India inc oblivious of currency movements as core inflation is taken care of and of falling sales as probably a new set of cheap Dollar capital will finally overpower homegrown remedies’ businesses and mining resources sweatshops run out of London.
Governments will glorify inaction, exclusion of reforms and inefficient foreign policy. In fact if you are not careful, a vitriolic, irresponsible and blatantly communal and Swiss ‘Galla’ funded opposition will replace your institutions that survive with regionalistic turds and an equally corrupt and ready to kill politico who was a lowly gunda of the area because his party was not in power
Tired equity markets ill never tire of spinning moneymaking tales, 9 on 10 true and reflecting the spirit of the nation that remains outside the eye of the media. Or so the romantic tale goes on!