On Wednesday, Raghuram Rajan allayed the market fears on the INR front.
On Thursday, markets reciprocated cheerfully. Now, Janet Yellen's comments
have brought new energy to the global markets. Nifty may open gap up on Monday.
The short term sentiment may remain buoyant. But, how long will the euphoria last?
In recent times, markets the world over have been driven by the central bankers
rather than economic fundamentals.
On Thursday, markets reciprocated cheerfully. Now, Janet Yellen's comments
have brought new energy to the global markets. Nifty may open gap up on Monday.
The short term sentiment may remain buoyant. But, how long will the euphoria last?
In recent times, markets the world over have been driven by the central bankers
rather than economic fundamentals.
It is true that many people having lots of expectations with Raghuram that his efforts may positively affect the Indian Economy.
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