Reason for Global Market collapse,How to trade Nifty now?

World Market throughout the  globe were down between 2-4% today and the shock waves epicenter being ITALY .

Italy’s ten-year bonds and 5 -year bond yields  went  above the 7% level which has marked the point of no return for other countries that required bail-outs.
That suggests that their real worry is that Italy won’t repay them at all.
 Italy is the third-biggest bond market in the world. Banks across Europe have significant exposure to the country’s debt.

To draw an analogy to the 2008 crisis, if Greece was Bear Stearns, then Italy is Europe’s Lehman Brothers.

So what happens now?
The irony is that Italy’s financial situation is not that...

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