Earnings downgrade and the continuing depreciation of INR vis a vis the USD pushed
the equity markets southward in this week. The only factor that saved the markets
from an absolute bloodbath was the US Federal Reserve's decision to continue with its
monetary stimulus program.
Going forward, markets will continue to remain under pressure. Traders may adopt a
sell on rise policy.
the equity markets southward in this week. The only factor that saved the markets
from an absolute bloodbath was the US Federal Reserve's decision to continue with its
monetary stimulus program.
Going forward, markets will continue to remain under pressure. Traders may adopt a
sell on rise policy.
Govt sees 5.8% drop in onion output; slight rise in tomato, potato output - 18 Feb 2017
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