What changed your markets while you were sleeping? - Letsdiskuss
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leena legants

Blogger | Posted 16 Nov, 2018 |

What changed your markets while you were sleeping?

SAIKAT HALDER

tech blogger | Posted 08 Dec, 2018

Overnight retreat in the United States stock was followed by a heavy drop in the long-term
Treasury of US. This has kept investors all about the globe on edge. The Nifty futures did not
have a very good picture on the SGX for the domestic stocks. Besides, all eyes will be stuck to
the RBI for the fifth edition of bimonthly review policy. The Nifty futures in the Singapore stock
exchange-traded lower at 10,800 early mornings. This indicated feeble to start with the domestic
equity market. The Asian stocks also fell low as there was a shortfall in the US Treasury yields
which led to investor worrying about economic growth Scale.
The RBI is supposedly to maintain the status quo at 6.5% in the fifth edition of
Bi-monthly policy review of the year 2018-19. Prices of oil have also felt low by 1%. The RBI is
also going to take it’s a deciding step for the assessment of financials of 11 public sector banks.
The reserve bank of India shall also decide the prompt corrective action and whether it could be
partially lifted on some state-owned lenders or not.