Stock Market hit again today

Can this happen in India also if the Congress does not cooperate with the NDA in the passage of spending bills in the Parliament after the bitter barbs of the Union budget debate?

Indian stock markets face another threat and brace up as the US government shut down for the second time in three weeks Friday.

The partial shutdown began just after midnight when the government, operating on the latest in a series of short-term spending bills, ran out of money because Congress missed its deadline to pass a new one.

The Senate was expected to pass a massive spending deal in the early morning hours Friday that would reopen the government. The legislation would then head to the House, but the outlook there was less certain because of opposition from liberal Democrats and conservative Republicans, and the quick passage was not assured.

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