Indian Rupee dives a new record low against dollar

[BHarwana]

Again today it is a blood bath.

Very bad and very sad

https://twitter.com/x/status/1126427732114493440

Indian markets in a seven day consecutive loss.

This is not good. Very bad and very sad

https://twitter.com/x/status/1126443308186722304

It is very bad and very sad

https://twitter.com/x/status/1126502461831766019

 

[Ali_Baba]

Dont worry about USDINR.. it is doing fine. Worry about USDPKR !!!!!!!!!!!!!! That is not doing so good. What a pointless thread is this !!

 

[BHarwana]

Dont worry about USDINR.. it is doing fine. Worry about USDPKR !!!!!!!!!!!!!! That is not doing so good. What a pointless thread is this !!

This is a thread to update on India stock markets and currency and economy. Why you don't like it? The thread is in Indian section.

 

[ARMalik]

I am more worried about the meltdown of the Pakistan Stock Exchange. It has lost about 4000 points in 3 or 4 days or about 8 to 9%. It seems like PSX is the "Rear-end" of the world where only filth exists. The word "Pathetic" is an understatement to describe the sorry state of the Clownish PSX and the economy of Pakistan. I have withdrawn all my investment from this pathetic economy. It is better for me to investment in Vietnam or Bangladesh.

 

[BHarwana]

Very bad and very sad

It is the eighth straight day the bears dominate and making Indian markets red.
Blood bath continue.

https://twitter.com/x/status/1126791706999787521

https://twitter.com/x/status/1126806027343749122

 

[Khatri_pune]

Ho gaye iska "Randi Rona" chalu.........

 

[Nilgiri]

I am more worried about the meltdown of the Pakistan Stock Exchange. It has lost about 4000 points in 3 or 4 days or about 8 to 9%. It seems like PSX is the "Rear-end" of the world where only filth exists. The word "Pathetic" is an understatement to describe the sorry state of the Clownish PSX and the economy of Pakistan. I have withdrawn all my investment from this pathetic economy. It is better for me to investment in Vietnam or Bangladesh.

Dont upset tomato biraader like that. He is furiously busy on imminent collapse of india.

 

[BHarwana]

Dont upset tomato biraader like that. He is furiously busy on imminent collapse of india.

I am not busy in this Indian collapse buy merely point out the fault line in Indian economy. If you follow the trend line in this whole thread you will observe how much Indian economy is dependent on cheap Iranian oil every time that supply line get a hit Indian economy dives into recession. It is now a too visible trend to ignore.

So to contain India you just need to make sure India stays away from getting cheap oil from Iran. After no wavier on Iranian oil Indian stocks dives for 8 consecutive days.

 

[Nilgiri]

I am not busy in this Indian collapse buy merely point out the fault line in Indian economy. If you follow the trend line in this whole thread you will observe how much Indian economy is dependent on cheap Iranian oil every time that supply line get a hit Indian economy dives into recession. It is now a too visible trend to ignore.

So to contain India you just need to make sure India stays away from getting cheap oil from Iran. After no wavier on Iranian oil Indian stocks dives for 8 consecutive days.

Very sad very bad!

 

[Fledgingwings]

What caused it?

 

[BHarwana]

Very bad and very sad

https://twitter.com/x/status/1127088535255732225

 

[Verve]

Very bad and very sad

https://twitter.com/x/status/1127088535255732225

Indeed

 

[Tejas Spokesman]

Very bad and very sad

https://twitter.com/x/status/1127088535255732225

Indeed

Sensex is actually better off.
Since April 30, Sensex has lost 3.33% whereas Shanghai index lost 4.45% & PSX Karachi 5.62%.

 

[Nilgiri]

Sensex is actually better off.
Since April 30, Sensex has lost 3.33% whereas Shanghai index lost 4.45% & PSX Karachi 5.62%.

LOL you gonna put PSX in that comparison? PSX has shed half its market cap in short space of months....a full HALF....from 100 billion (already low as hell) to 50 billion.

50 billion loss (especially in their vulnerable credit and loan cycle) is a lot of tomatoes!

 

[Śakra]

LOL you gonna put PSX in that comparison? PSX has shed half its market cap in short space of months....a full HALF....from 100 billion (already low as hell) to 50 billion.

50 billion loss (especially in their vulnerable credit and loan cycle) is a lot of tomatoes!

Why are you arguing with that inbred? Our stock market is 10x the vslue of their whole GDP.