The previous two posts (see my blog posts 'Window to the world' and 'Digital domino effect') talked about the upheaval of the world stock markets and the digital waves which buffeted our stock market here in India.
Today there was relative calm.
The American stock market had a recovery of sorts. And was still choppy.
The stock market here settled a little lower. And was still choppy as well.
The bigger the market, it seems, the greater the impact on the other markets.
As the larger digital waves settled the local conditions created their own ripples.
An interconnected world no doubt but local conditions prevail in the absence of major upheavals.
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