Outlook: The RBI and the Government continue their efforts to fix the macro-economic imbalances. More policy measures are expected to be unveiled in the near future as the rupee remains fragile despite a series of steps taken by the Government and RBI. FII flows have turned negative in both equity and debt markets for the past couple of months while Mutual Funds too continue to witness redemptions. The global economic landscape too remains uncertain amid growing tension over the impending QE exit by the US Federal Reserve. Corporate earnings will continue to be in focus for next week.
Posted on: Sun, 28 Jul 2013 08:14:07 +0000
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