the euphoria has caught the public imagination atlast. the markets in India seem reflecting the bottled up emotions of the average citizens. the expectation of good governance is no more than a prayer for stability and not necessarily deliverance at its nadir. stepping from the macroeconomics , it seems plausible an effect that the sane voter demanded in the immediate run. we are still a couple of months away from the region of economic calm. the stable market may ensure the government's chances to invest in more basic public policies than stabilising infrastructure by pouring five million dollars in the same with nod from the reserve bank.
regards
etibodhi