Stocks may drop this week because nervy traders offload shares

Stocks may drop this week because nervy traders offload shares following United states Treasury Secretary Tim Geithner as well as RBI Governor Duvvur Subbarao cautioned of a financial market crisis regarding a Greek default.

With India and China , both development engines that pulled the globe out of a recession in 2009, declining because of high costs and cost of funds, traders are pursuing the lone secure asset now, United states treasuries, causing turbulence in forex market.

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