Indian market in very serious phase

Presently, Indian share market is going through a very bad phase. there is a acute shortage of liquidity and this has created a lot more problems for investors. it is only a temporary phase and since indian fundamentsals are strong, markets can bounce back any time. but this cannot be expected at a very fast pace. By the middle of 2009, things will come into control and by then inflation will be expected to single digit figure.