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Lehman Brothers collapse to hit stocks, realty and outsourcing
9/15/2008 8:52:00 PM
New Delhi/Mumbai, Sep 15 (IANS) Even as global markets tottered under the impact of the buyout of Merrill
Lynch and collapse of Lehman Brothers, the world's third and fourth largest investment banks, the India impact
will be limited, experts said Monday.
'The impact will be limited and restricted to three areas mainly - stock markets, realty and outsourcing,' a
person familiar with Lehman and Merrill's operations in India said on condition of anonymity.
'A large part of the impact on equity markets has already been discounted by today's slide in Indian markets,'
said Naresh Pachisia, managing director of leading merchant banker and securities brokerage house, the
Kolkata-based SKP Securities Ltd.
'I do