The biggest economy in this is that of America, its sovereign rating has been reduced from triple A to double A. Due to which there will be a big difference on the ground level on America because the debt burden on America is continuously increasing. And this is also the biggest reason. Due to this, domestic stock investors and foreign investors will be seen withdrawing money from the stock market. If they continue to adopt this strategy, then no one can stop the Sensex from coming down and there may be a downward trend in the coming days.
Companies will try to move the dates back and forth on the IPOs that are going to come in the future. Because there is a direct impact on the gray market premium when the Sensex breaks.
Keeping all these things in mind, yet one thing is certain that India's economic activities and Prime Minister's pace of making India's economy 5 trillion will not suffer much.
Because after Kovid, India is setting more records in infrastructure while progressing faster than all other countries. And moving forward at a rapid pace.
The US government will now have to take some concrete steps - reduce spending, cut taxes, and the Fed will have to stop raising interest rates. After taking all these steps, America's economy will be benefited.
WRITTEN BY
VIJAY ARORA JYADA NAHI THORA THORA
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