The Conniving Cauldron.

The game of Indian Stocks and Shares is bewildering.

A year ago , the sensex rose to new heights -21000 points.

The Finance Minister , Mr Palaniappan Chidambaram, took all credit for the spectacular rise.

The bubble did not last long.

It unceremoniously busted, leaving the investor and trader  confused and shocked.

The sen-sex declined, reaching a low of 7500 points.

It is inching up to 9000, and slides up and down , here 500 points up, there a 300 points down.

The reason is explicit.

The market volatility swirls round the global economy.

The surging was remarkable , because the overseas investments were extraordinary.

As the economy slowed down , the withdrawals were speedy , provoking the shedding of  points.

The so called elites are out of the market, not because of their analytic acumen but because  of the closeted network of high handed scheming.

The midlevel investor is ambushed.

Business process out sourcing centres are rendered modest, the auto manufacturers are bitten by the melt down, the banks are rudely affected, the real state business is humiliated, the sinking textile industry is almost dead. and the Information technology companies are cowed down.

Tracking negative progression , and positive retrogression ,the inflation shot  up to 11.72%.

The growth forecast of Indian industry is low, and is bound by global piquancy.

The Finance Minister is unassumingly silent, speaks out occasionally advocating patience.

Basking in glory , in prosperity, in bright sunlight is an easy exercise.

Ascribing to  downfall, darkness, and breakdowns needs a determined resoluteness, and accomodative mind set.

Unfortunately ,Palaniappan Chidambaram nestled cozily in the folds of success, but slips ignominiously in the wrinkles of  failure .

It is most unbecoming of him.