@rachaputi Yesterday Stock markets have gone to least value compared to past two years.. Will it have impact to medium risk mutual funds.. if so How ?
Illegal short selling , stock borrowings giving retail investors more freedom along with inflated growth rates and speculation hype(publicized by Chinese govt) , more supply than actual demand...led Shangai composite index to crash along with peers, Chinese crash would definitely affect US- the biggest economy as the demand for its businesses affect in the region, for example General Motors sells more Buicks in China than in USA,they invested a lot in Chinese market with their local partner SAIIC,also when Apple is having hard time when it missed the street expectations China market is the one that supported Apple with unprecedented demand for Apple products, Now coming to India even though it gets affected the intensity wont be that much compared to what we have witnessed with other markets(SouthAfrica and other Asian) Sensex and Nifty rebounded today to some extent for the only reason the fundamentals being strong...even Indian markets are growing over the positive speculations but it should change in the long run to avoid crisis...as of now nothing much to worry...