Stockmarket recovered a bit

Well, all in all, the stock market in India recovered yesterday and lost "just 11%" - bad enough. The fear appears to be high, but then, it has to be said that politicians become more pragmatic when they start the real work. And, we remember the BJP's start into power after the last elelctions - everybody was fearful as well, with regard to their strong Hindu orientation. And what happened? India developed into a powerhouse. So let's wait and see a couple of weeks. Crucial point in time? The budget in July - this is when the truth will come out. Until then? Expect volatility!