Global slowdown impact on India

Now days everyone is talking about global slowdown, U.S. Debt crisis, Europian countries default but there is nothing wrong with India, Indian economy is on growth path, all -ve news in market had gone. Indian market may get down due to global slowdown this will impact IT Sector the most but banking sector , consumer goods, pharma, FMCG sectors growth intact with India so overall Indian market may not much impacted by global slowdown, Europian countries default but there is nothing wrong with India, Indian economy is on growth path, all -ve news in market had gone. Indian market may get down due to global slowdown this will impact IT Sector the most but banking sector , consumer goods, pharma, FMCG sectors growth intact with India so overall Indian market may not much impacted by global slowdown