Is there any impact of NASDAQ on Indian market?

As rightly pointed out by Pratik Jain, markets are global in nature and everything is correlated but at different times. For instance, the NASDAQ bubble of 2000 did have a huge impact on IT companies' stock prices in India. Take a look at the NASDAQ composite chart and the corresponding charts of Indian IT companies. read more

For instance, the NASDAQ bubble of 2000 did have a huge impact on IT companies' stock prices in India. Take a look at the NASDAQ composite chart and the corresponding charts of Indian IT companies. An uncanny similarity that cannot be debated. read more