Profit

Market movement highlights global integration

PUBLISHED ON: May 16, 2006

  
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For the last month, India was a stand-alone story. Rising crude prices didn't bother Dalal Street, commodity run was just an event and the US Fed rate an academic exercise. But the last 48 hours have proved how integrated the world is. Every time London moved, India has reacted. It was the fall in the metal prices on Monday which led to the market crash in India.
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