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RBI governor Shaktikanta Das is widely expected to announce a status quo in his statement on Friday after the monetary policy committee (MPC) meeting. However, the market is keenly awaiting the RBI’s road map for normalising liquidity in the wake of the government’s oversized borrowing programme, which has pushed up bond yields.
Asian stocks hit record peak as vaccine hopes dampen virus fearsMSCI's broadest index of Asia-Pacific shares outside Japan gained 1 per cent to hit its highest since its launch in 1987 with markets across the region making milestone peaks.
from Stocks-Markets-Economic Times https://ift.t… Read MoreIndia’s record highs spark talk of further upsideMorgan Stanley, Goldman Sachs Group Inc. and JPMorgan Asset Management are among a number of prominent names talking up prospects for the country’s shares in recent days. India traders marked Diwali, the Hindu festival of lig… Read MoreNifty likely to find support at 12,500, say analystsAnalysts said the market optimism that came on the back of clarity on US Presidential election winner and announcement of development of Covid-19 vaccine is likely to help the market continue its march upwards uninterrupted.
… Read MoreBanks and tech stocks net 70% of FPI inflows in OctoberFPIs put Rs 3,327 cr into technology shares in October as the companies are cash-rich and their earnings have been resilient even when the disruptions on account of Covid-19 dragged down other sectors.
from Stocks-Markets-Ec… Read MoreMeasures like tax relief may not be of much help to realtors, say industry bodiesIndustry lobby groups Naredco and Credai said a one-time loan restructuring and a simpler process to avail of last-mile funding would help revive the sector rather than the tax exemption in the latest relief package.
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