The maniac week

This week is probably the most action packed week in recent times.
Led by the US Fed reduction of rate by 50 basis points, stocks markets around the world rose. India's benchmark index SENSEX breached 16000 for the first time in its history and rupee-dollar exchange rate dropped to less than 40 Rs/dollar in more than 9 years. And ofcourse inflation drops to a 107 week low to 3.32% although owing to larger base effect.

The only downside was crude oil price that rose to a record $82.51 per barrel.