As the US's rating has been downgraded by S&P from AAA to AA+, it is certainly going to impact the world in a direct or an indirect manner for sure. Its up to the US, how increases the cutting off expenditures from $2.1 Trillion to $4Trillion as recommended by S&P during this decade.
US is busy controlling the political theater of world, waging wars in Iran, Pakistan and Afghanistan(costing it around $3 Trillion and 6K Army Men and a recent Plane down by Taliban costing 31 special army men).
So, how does it impact India :-
1) Rupee is surely going to appreciate against dollar hurting the exporters. So, make sure before you invest in IT companies.
2) FIIs are going to fall as the US investors would now be busy in investing in swiss currency or gold.
3) Stock market around the world has been down by the record numbers but its bound to rebound due to its cyclical nature. One more reason is that, FIIs investing in pension funds in US will be tempted to invest in Indian stocks.
4) History has been evident the gold and stock market moves in opposite directions (most of time) and moreover the equity investors are going to sell their gold to make out their losses out of the stock market.
5) Crude oil is falling and will fall further with Brent Crude oil costing around $110, which is a boon for Oil Marketing Companies in India, whose stocks are on bullion mode inspite of spitfall in overall index.
US is busy controlling the political theater of world, waging wars in Iran, Pakistan and Afghanistan(costing it around $3 Trillion and 6K Army Men and a recent Plane down by Taliban costing 31 special army men).
So, how does it impact India :-
1) Rupee is surely going to appreciate against dollar hurting the exporters. So, make sure before you invest in IT companies.
2) FIIs are going to fall as the US investors would now be busy in investing in swiss currency or gold.
3) Stock market around the world has been down by the record numbers but its bound to rebound due to its cyclical nature. One more reason is that, FIIs investing in pension funds in US will be tempted to invest in Indian stocks.
4) History has been evident the gold and stock market moves in opposite directions (most of time) and moreover the equity investors are going to sell their gold to make out their losses out of the stock market.
5) Crude oil is falling and will fall further with Brent Crude oil costing around $110, which is a boon for Oil Marketing Companies in India, whose stocks are on bullion mode inspite of spitfall in overall index.
