Reuters

The Sensex effect

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An investor scratches his head as he looks at a display of stock prices outside the Bombay Stock Exchange (BSE) building in Mumbai June 18, 2012. REUTERS/Vivek Prakash/Files

An investor scratches his head as he looks at a display of stock prices outside the Bombay Stock Exchange (BSE) building in Mumbai June 18, 2012. REUTERS/Vivek Prakash/Files

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Stockbrokers cheer as they trade at their terminals during the Diwali special trading session celebrating the annual Hindu festival of lights at the BSE in Mumbai November 5, 2010. REUTERS/Danish Siddiqui/Files

Stockbrokers cheer as they trade at their terminals during the Diwali special trading session celebrating the annual Hindu festival of lights at the BSE in Mumbai November 5, 2010. REUTERS/Danish Siddiqui/Files

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People look at a large screen displaying the Sensex on the facade of the BSE building in Mumbai May 5, 2010. REUTERS/Arko Datta/Files

People look at a large screen displaying the Sensex on the facade of the BSE building in Mumbai May 5, 2010. REUTERS/Arko Datta/Files

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People look at a large screen displaying the Sensex on the facade of the BSE building in Mumbai May 5, 2010. REUTERS/Arko Datta/Files

People look at a large screen displaying the Sensex on the facade of the BSE building in Mumbai May 5, 2010. REUTERS/Arko Datta/Files

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A broker reacts while trading during the presentation of budget, at a stock brokerage in Mumbai February 26, 2010. REUTERS/Arko Datta/Files

A broker reacts while trading during the presentation of budget, at a stock brokerage in Mumbai February 26, 2010. REUTERS/Arko Datta/Files

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A broker reacts while trading during the presentation of budget, at a stock brokerage in Mumbai February 26, 2010. REUTERS/Arko Datta/Files

A broker reacts while trading during the presentation of budget, at a stock brokerage in Mumbai February 26, 2010. REUTERS/Arko Datta/Files

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A broker smiles as he trades on his computer terminal at a stock brokerage firm in Mumbai December 31, 2009. REUTERS/Punit Paranjpe/Files

A broker smiles as he trades on his computer terminal at a stock brokerage firm in Mumbai December 31, 2009. REUTERS/Punit Paranjpe/Files

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People look at a large screen displaying the benchmark share index Sensex on the facade of the BSE building in Mumbai November 4, 2009. REUTERS/Punit Paranjpe

People look at a large screen displaying the benchmark share index Sensex on the facade of the BSE building in Mumbai November 4, 2009. REUTERS/Punit Paranjpe

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People look at a large screen displaying Sensex on the facade of the BSE building in Mumbai September 30, 2009. REUTERS/Punit Paranjpe/Files

People look at a large screen displaying Sensex on the facade of the BSE building in Mumbai September 30, 2009. REUTERS/Punit Paranjpe/Files

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People look at a large screen displaying Sensex on the facade of the BSE building in Mumbai September 30, 2009. REUTERS/Punit Paranjpe/Files

People look at a large screen displaying Sensex on the facade of the BSE building in Mumbai September 30, 2009. REUTERS/Punit Paranjpe/Files

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A man speaks on a phone as he looks at a large screen displaying Sensex on the facade of the BSE building in Mumbai July 31, 2009. REUTERS/Punit Paranjpe/Files

A man speaks on a phone as he looks at a large screen displaying Sensex on the facade of the BSE building in Mumbai July 31, 2009. REUTERS/Punit Paranjpe/Files

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A broker reacts at a stock brokerage firm in Mumbai July 6, 2009. REUTERS/Arko Datta/Files

A broker reacts at a stock brokerage firm in Mumbai July 6, 2009. REUTERS/Arko Datta/Files

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A broker reacts at a stock brokerage firm in Mumbai July 6, 2009. REUTERS/Arko Datta/Files

A broker reacts at a stock brokerage firm in Mumbai July 6, 2009. REUTERS/Arko Datta/Files

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A man looks at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai May 18, 2009. REUTERS/Punit Paranjpe/Files

A man looks at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai May 18, 2009. REUTERS/Punit Paranjpe/Files

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People look at a large screen displaying Sensex on the facade of the BSE building in Mumbai May 4, 2009. REUTERS/Punit Paranjpe/Files

People look at a large screen displaying Sensex on the facade of the BSE building in Mumbai May 4, 2009. REUTERS/Punit Paranjpe/Files

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A man looks at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai March 23, 2009. REUTERS/Arko Datta/Files

A man looks at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai March 23, 2009. REUTERS/Arko Datta/Files

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People look at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai January 9, 2009. REUTERS/Punit Paranjpe/Files

People look at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai January 9, 2009. REUTERS/Punit Paranjpe/Files

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A man looks at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai November 11, 2008. REUTERS/Arko Datta/Files

A man looks at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai November 11, 2008. REUTERS/Arko Datta/Files

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A broker reacts while trading at a stock brokerage firm in Mumbai November 11, 2008. REUTERS/Arko Datta/Files

A broker reacts while trading at a stock brokerage firm in Mumbai November 11, 2008. REUTERS/Arko Datta/Files

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The Bombay Stock Exchange building is reflected on a glass window as people look at a large screen displaying Sensex on the facade of the building in Mumbai November 10, 2008. REUTERS/Arko Datta/Files

The Bombay Stock Exchange building is reflected on a glass window as people look at a large screen displaying Sensex on the facade of the building in Mumbai November 10, 2008. REUTERS/Arko Datta/Files

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Investors react as they look at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai October 31, 2008. REUTERS/Arko Datta/Files

Investors react as they look at a large screen displaying Sensex on the facade of the Bombay Stock Exchange building in Mumbai October 31, 2008. REUTERS/Arko Datta/Files

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A broker drinks water while trading at a stock brokerage firm in Mumbai October 24, 2008. REUTERS/Arko Datta/Files

A broker drinks water while trading at a stock brokerage firm in Mumbai October 24, 2008. REUTERS/Arko Datta/Files

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A broker reacts while trading at a stock brokerage firm in Mumbai October 8, 2008. REUTERS/Arko Datta/Files

A broker reacts while trading at a stock brokerage firm in Mumbai October 8, 2008. REUTERS/Arko Datta/Files

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Brokers react while trading at a stock brokerage firm in Mumbai September 29, 2008. REUTERS/Arko Datta/Files

Brokers react while trading at a stock brokerage firm in Mumbai September 29, 2008. REUTERS/Arko Datta/Files

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A broker reacts during trading at a stock brokerage firm in Mumbai September 2, 2008. REUTERS/Arko Datta/Files

A broker reacts during trading at a stock brokerage firm in Mumbai September 2, 2008. REUTERS/Arko Datta/Files

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People looking at a large screen displaying Sensex on the facade of BSE building and the BSE building are reflected on a puddle of rainwater in Mumbai June 9, 2008. Picture rotated 180 degrees. REUTERS/Arko Datta/Files

People looking at a large screen displaying Sensex on the facade of BSE building and the BSE building are reflected on a puddle of rainwater in Mumbai June 9, 2008. Picture rotated 180 degrees. REUTERS/Arko Datta/Files

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A broker reads a newspaper while trading at a stock brokerage firm in Mumbai March 31, 2008. REUTERS/Arko Datta/Files

A broker reads a newspaper while trading at a stock brokerage firm in Mumbai March 31, 2008. REUTERS/Arko Datta/Files

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A stock broker crosses his fingers while trading at a brokerage firm in Mumbai March 13, 2008. REUTERS/Arko Datta/Files

A stock broker crosses his fingers while trading at a brokerage firm in Mumbai March 13, 2008. REUTERS/Arko Datta/Files

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A broker reacts while trading at a stock brokerage firm in Mumbai February 11, 2008. REUTERS/Arko Datta/Files

A broker reacts while trading at a stock brokerage firm in Mumbai February 11, 2008. REUTERS/Arko Datta/Files

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An investor gestures with folded hands towards the Bombay Stock Exchange building while watching a large screen displaying Sensex on the building's index in Mumbai January 21, 2008. REUTERS/Arko Datta/Files

An investor gestures with folded hands towards the Bombay Stock Exchange building while watching a large screen displaying Sensex on the building's index in Mumbai January 21, 2008. REUTERS/Arko Datta/Files

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