Sensex volatility

The last 2 days of heavy selling seen globally, especially in India, has been portrayed as
"India’s investors lack sophistication"

My take on the above:

Indian fundamentals are strong in the long run, however, there is still a heavy biding to the US economy. With substantial percentage of Indian GDP still relying on Indian exports, with US dominating that pie, it ultimately means that the Sensex is subjected to volatility in the days ahead until we see US consumer confidence.

From a long term view, within a span of 2 years, the Indian economy will play a dominant role following the output of FDI investments currently at work.