lehman brothers bankruptcy impact
Isn’t Lehman Brothers news a matter of tension & fear for India Inc.?
Lehman Brothers Holdings Inc. (LBHI) bankruptcy and Merrill Lynch’s acquisition by Bank of America will have a huge impact on India as both companies have a strong Indian connection.
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well guys im a financial consultant in one of the Big 4 and i would suggest that you should not withdraw ur investments and would suggest that you retain it for about 2 yrs more becoz as per the forecast the recession that US is suffering will not last long and it would recover from it soon. and as per the indian stock markets are concerned i would recommend that you invest more in stocks because nowadays you will get good deals and if you invest now and retain it on long term basis then ull ht gold because the forecast tells that in 2010 the SENSEX would cross 25,000 mark.
