In one single day many Indian investors
have lost nearly half their life savings….and they’re the lucky ones. Those who
invested as early as January this year at the peak of the Indian markets have
seen the value of their investment disappear by at least 80%.Many of them-retired
professionals had hoped to make the stock market the instrument that would
guide them through their old age. But young or old, everyone was a lot poorer
by the time the Bombay Stock Exchange closed early in the evening on Friday.
That was perhaps the only silver lining—that it was a Friday. The markets are
closed over the weekend. It’s as though the markets have been hit by a giant
meteorite and put into a dreadful tailspin.
High demand for rental space by multinational firms will continue to drive the commercial property price in Gurgaon. Theoretically speaking, the IT-hub Gurgaon is about fifteen kilometer from New Delhi’s airport, which makes the city more convenient for the frequent business travelers and global investors.
In one single day many Indian investors
have lost nearly half their life savings….and they’re the lucky ones. Those who
invested as early as January this year at the peak of the Indian markets have
seen the value of their investment disappear by at least 80%.Many of them-retired
professionals had hoped to make the stock market the instrument that would
guide them through their old age. But young or old, everyone was a lot poorer
by the time the Bombay Stock Exchange closed early in the evening on Friday.
That was perhaps the only silver lining—that it was a Friday. The markets are
closed over the weekend. It’s as though the markets have been hit by a giant
meteorite and put into a dreadful tailspin. 