Stock Market Fallen in India on Friday October 2008

Lol, it's been on the news around the world for weeks. The US sub prime mortgage market went bust and took the credit market with it. Consequently, less money to invest, the American stock market is down, too. And from there it spreads globally as all economies have now taken a nosedive. People have no money to buy anything, companies no credit lines to function. People are pulling their money out of unsafe investments into safe ones. The stock market is like a lottery and not a safe place to have your investment holdings.