Global markets fell sharply on Friday, Investors worried about Crude oil prices , US stocks posted biggest weekly loss in 2 1/2 years. Falling Crude Price helps nations like US , Europe and Asia.
Indian economy will strong on falling crude price, when oil at $115 petrol prices in India more than Rs.78 per litre , Now Oil prices fell below $60 per barrel, still Petrol Price is around Rs.70 only. If Indian oil companies reduce the petrol and diesel prices then Indian Inflation will come down and RBI may initialize rate cut in next policy review meet to boost Auto,Realty,Banking and Infra sectors
Dow Jones down 315.51 points
S&P 500 down 33 points
Nasdaq down 54.56 points
FTSE down 161.07%
CAC down 116.93 points
Nifty seems to open lower Banking stocks may get selling pressure on monday.
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