Talks of more stimulus and liquidity amid fears of global slowdown lift stocks, says Udayan Mukherjee
Updated : March 11, 2019 01:17 PM IST
All the talks of monetary policy tightening have gone out of the window as central banks are now singing the same tune, which is that a slowdown is getting entrenched, and they need to throw more money at the problem, noted Mukherjee
The current gains in the stock market are because of a global rally in equities as central banks around the world are infusing more liquidity amid fears of a slowdown in global economy, said Udayan Mukherjee
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more