Rating agencies and foreign investors do not see any impact on the
prospects of the economy because of terror attacks in the financial
capital. The meltdown in the global financial markets is still a larger
concern.
Past experience has shown that markets have reacted only temporarily
to such extraordinary events. Although some reports do not make a
reference to the terrorist strikes, the event is likely to have been
factored since the report includes India’s Q2 GDP numbers, which were
released on Friday.