RBI policy to drive mkts in holiday-shortened week
29/09/2014 08:16
The Reserve Bank of India's (RBI) monetary policy review on Tuesday would set the tone for the stock market in a holiday-shortened week ahead, said the PTI report. As the stock markets will remain closed on Thursday and Friday for Mahatma Gandhi Jayanthi and Dussehra respectively. Commenting on the development, Bonanza Portfolio, Senior Vice President, Rakesh Goyal said, “This week, RBI's monetary policy scheduled on September 30 shall be key trigger for market movement. Also, Prime Minister Narendra Modi's visit to the US, along with global cues can boost market sentiment, as it may put more light on economic path and other reforms for the country.”
29/09/2014 08:16
The Reserve Bank of India's (RBI) monetary policy review on Tuesday would set the tone for the stock market in a holiday-shortened week ahead, said the PTI report. As the stock markets will remain closed on Thursday and Friday for Mahatma Gandhi Jayanthi and Dussehra respectively. Commenting on the development, Bonanza Portfolio, Senior Vice President, Rakesh Goyal said, “This week, RBI's monetary policy scheduled on September 30 shall be key trigger for market movement. Also, Prime Minister Narendra Modi's visit to the US, along with global cues can boost market sentiment, as it may put more light on economic path and other reforms for the country.”
