DOW JONES sold off badly as
expected
In our
past market updates, we have been warning about the imminent upcoming sell off
in USA Dow Jones index, the resistance of India and other EMs to bow down and
follow it on the down side as well as how they will not be able to cop with a
heavy sell off in the same. While the Dow Jones decline was given, and the
Indian markets touched their upper end of the range that it has been trading
for some time;...
