what the goverment should be worrying about is the sensex not reservaton issue to get votes. the economy or the rise therein has been the single most binding force in india for the last three years. A crash hurts much more people than the rise before helps. A 20% drop in the sensex can hardly be called a correction. The goverment should see the people behind the move. It is clear as day that the move is not a case of FIIs nerves, since they want to scram out of the US market now too.