Emerging Economy new name beyond India and China

India may face a long bear market. Interest rate are too high for growth of Industry.
Policy paralysis is another reason hitting positive sentiments.

China is again slowing down. Data coming from China is not very encouraging.

On the other hand breakdown in risk have start showing some sign. may be soon some sort of bull market will start .

Dollar index is still showing some strength .There is greater chance that dollar will strengthen in future.

Nifty Next Major Support is at 5200

Nifty Broke a range of 4750-5200 , there would be a great chance that by January 2012 nifty may touch 4200.

So play safe in market. If you have a long term view in equity market then there would be no problem for you but short term player can play safe and better defensive rather than in hurry to invest and trade in stock market.

Mutual fund investor should reduce their exposure from high risk fund to low risk funds.This will keep them sage from high volatile market.