India News Live: Dubai saga leaves Indian banks, infrastructure ...

But yesterday's events in Dubai led to a panic situation; leading to sharp losses in many bank stocks across Asia and Europe; plus a general selling trend in eqities, and an appreciation in dollar. ... Certain sectors may also be under pressure on account of their business in terms of realizing that the existing money lent or to be received from these geographies or to an extent of implications where the existing order book may not be implemented at the right time frame. ...