Meltdown chills down..

Finally, the hopes on stocks are increasing. Bombay Stock Exchange witnessed some good moments after almost a series of stock market crashes in various forms. Now, all those who rely upon stock market as their only source of income can have a sigh of relief. The pressure has been vented out very carefully by the Finance ministry of India. Applauds to the Finance Minister who has, for once, been so strong in his position and kept supporting the markets all the time with positive comments. His words gave the investors all the confidence they needed to make sure stock market is still the best place for investing their immense wealth. SENSEX shot up to 15,000 few months back and that was when inflation started going down marginally. Suddenly, the effect of Western policies on trade and commerce resulted in the increase in the strength of U.S.D against INR which set the spark for the inflation to reach an index that has never been touched before. When I expected inflation to reach 15% in another couple of months, I was surprised yesterday to find the figure actually going down. There was a marginal fall in the inflation figure and at last, it reached 11.8% yesterday after a long period during which the prices of fuel and food was going up faster than Ferrari. But, there is an aspect of the market which I don't understand even after putting my mind on it for a very long time. American economy is crashing down fast and inflation in India has showed some sign of recovery. Then why did the value of U.S.D go up against I.N.R? Inflation directly reflects the value of currency. If inflation goes down, the value of I.N.R should actually go up but it is happening the other way. Everything is going down in India! Soon, we can expect the prices of all the commodities to go down. Let us hope the day is just too closer from her.