Amidst the turbulence in the global market caused by the US economic recession and yen arbitrage trading, the Indian stock market stands alone, continuing its upward trend and reaching a new historical high in recent times. Its gains so far this year have even surpassed those of the S&P 500 index. As the boots of the Federal Reserve's interest rate cut are about to land, analysts are concerned about the impact of the cut on the Indian stock market and whether the Reserve Bank of India will follow suit.