Bears Bug the Markets Big Time
Ninad RamdasiCategories: Editorial, Flash News Investment App
When it comes to surprising the markets, central banks do seem to take the lead. This time too, the central bank i.e. the Reserve Bank of India surprised the markets big time, stunning the market participants by going for a rather abrupt 40 basis points hike in policy rate, accompanied by hike in CRR rate by 50 basis points.
When it comes to surprising the markets, central banks do seem to take the lead. This time too, the central bank i.e. the Reserve Bank of India surprised the markets big time, stunning the market participants by going for a rather abrupt 40 basis points hike in policy rate, accompanied by hike in CRR rate by 50 basis points.
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