India is an emerging market with young population.World’s market leaders want to open their offices here.Many foreign motor car companies such as Nissan, Ford have made India their export hub. But in last 9 months this economy goes down very poorly because Rupee has losses its value continually and the government has no attractive policy to attract the foreign investment.
But a ray of hope is seen when on Saturday, government said that It will announce new policies on Monday.
So,It is expected that Indian market may take a hike and rupees position will be improved.
As Fitch downgraded India from Investment , then many foreign investors take out their money from the market.This market is also take a negative effect when Moody, a rating agency had downgraded top 15 banks of the world.We all know that euro zone crisis is already effected the whole world.