The impact will surely be felt by the stock market and businesses in emerging markets. However, the impact will not be uniform. Countries which depend on western market for the consumption will face little harder problem than the ones that depend on domestic consumers. India falls in the second category. Its story is led by domestic consumption which has faced marginal impact but the expected growth rate is still good at 7.5%.

Final Words
Fear and Greed, these two emotions, and their innumerable mutants drive the stock market sentiments. These are certainly powerful sentiments that can make up do things which we may not do when we are in our senses. This is why it is important to maintain our sanity and decide upon our action based on sound analysis of the situation. I have just tried to give some thoughts which may help you make your judgement better.

InvestmentYogi