Social Sciences, asked by ya537965, 11 months ago

Why do Indians buy commodity of different countries

Answers

Answered by harshitha006
0
Because we don't have that much of commodity in our country so we are buying from other countries

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Answered by sahibsehmi
0
The Indian stock market behave in a volatile manner based on the changes in global markets because of the fundamental reasons like global crude oil prices, commodity prices, investment by FIIs in Indian stock market.
India is seeing fast economic growth in last few years and as a result we have seen large fund inflows and outflows by foreign institutional investors (FIIs) into Indian market from across the world. Most of these foreign funds are in large quantum and their activity in the market results in large volatility in stock markets and it also affects the exchange rate.
Investment decisions of FIIs are driven and depend on the development/events in indian markets, or their own local markets. As a result, we are seeing our markets are getting more and more integrated with movement in global stock markets. Recently, turmoil in China resulted in heavy selling in Indian markets as well. Market analysts track and talk about these global events and global market movements very closely. So, Whenever we see any negative news it triggers a tsunami in global markets especially in short term. Indian economy is mainly driven by the domestic consumption, but post liberalization the share of Indian trade as part of global trade is growing at a rapid pace.
A large number of Indian companies are getting involved in exporting their products to global markets, raising funds by listing on foreign stock exchange (NYSE, London Stock exchange and NASDAQ etc). The percentage revenue of Indian companies coming from foreign markets is growing year over year. Therefore, share price movements of these companies are more likely to be affected by the development in world economy. The prices of the commodities like brent crude oil, gold, commodities, etc are governed by the global markets and hence are more likely to be affected by the changes in world economy. 
So, in conclusion i would like to say that a strong financial system and relatively less dependence over external demand for growth should

harshitha006: copied from google lol
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