Watching the swings of the stock market lately has been an exercise in anxiety management.

Just when we thought that global stocks were stabilizing, there was a fresh downturn. In recent weeks, India's stock market has been rocky because of fears that the U.S. and European economies are in bad shape and that, in turn, would hurt stocks.

This week opened with the Bombay Stock Exchange's Sensex down 340 points in one day, followed by another 164-point decline the next day. Luckily, the rest of the week has been positive so far.......................