All the world economyies are related to each other and in case of america like bigger economy, world is even more related.

The fate of any economy depends on its inner strength and the effect of outer economy on it.

as far as inner strength is concerned,for india it is considerably in good condition.

The external economy which effects it more is the American economy is in a very bad shape.the US government is trying hard to bring it to normal condition.they are going to make a fund of 700 bn $ to revamp its economy.since it is directly related to US economy,there is a fair chance of getting it cleared by their parliaments.

once this fund is cleared by US government it will give a very +ve signal to the world economies.

we can expect that in the next 7 to 8 months indian economy will regain its previous pace which is lagging slightly due to fear of recession in US. ...

The news flow for reliance will not only move the reliance upword but it will give +ve pressure to sensex also.this is a Great news which will not let reliance to go down much even if some -ve news comes into market from india or across the world....

i think hardly infosys will be down by 10% . rupee depreciation will improve the revenue collection for infosys . slow down fear will be eased somewhat by the end of next month . infosys will be able to mentain around normal growth rate finaly .
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Infosys and TCS like companies have shifted to do business in EURO ,expecting that Dollor will be weak against Euro. Infosys has accepted that their expected profit will not materialise. Contrary to their expectation, dollor has gained ground. Shiftin to Euro is not profitable now. Secondly, the US election is due and the prospects of stopping large scale BPO business will be very high--may be reduced as the NEW president has indicated to give more jobs to local companies. So the expectation of higher profit by our IT companies may have to compramise with the new policies of the NEW US GOVT.to come. I am therefore of the view that 15 to 20% downfall can be expected in INFOSYS,TCS like companies and small BPOs may vanish in the back ground. It will certainly reflected in the growth of the IT industry very much as a whole. v.krishnamoorthy...