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Friday, 8 April 2016
Today's Indian Stock Market Tips and Analysis
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Indian shares are likely to start with little direction, even as a sell-off on Wall Street overnight echoed in Asian equities today. The latest down move comes amid a rise in concern again that global growth will likely be weak going forward and as questions arise over the effectiveness of central bank monetary policies.
Asian markets were trading on a weak note after bank shares slumped globally, while the yen soared to a 17-month high against the dollar as investors unwound bets against the yen, calculating that any effort by Japan to drive down the yen would be vigorously opposed by other major economies.
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