Thursday, 4 April 2013

Market Synopsis

Globally, Japan has announced a major monetary easing policy surprising
the markets with regard to the intensity of the policy action.
Bank of Japan has pledged to double its govt. bond holdings in two years
and also to buy more of equity ETFs. (exchange traded funds).
BoJ has also decided to extend the average maturity of bonds to around
seven years from around three years currently.

Locally, speculations about early elections, policy inaction on the part of
the govt. and almost no positive triggers in the immediate future,  have
haunted the markets.    In such a scenario, volatility may remain high
for some time.

1 comment:

  1. • M&M Tata Steel: Government imposes anti-dumping duty on flat steel products from China and European Union countries.
    • Claris Life sciences: RBI hikes Claris Lifesciences FPI investment limit to 49 percent; NRI limit at 24 percent.
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