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Accommodative central banks play Santa Claus for markets paving way for Christmas rally
There are wide-held expectations that India Inc earnings will revive as the economy has largely reopened
(Photo: Mint)
In-keeping with the global market sentiment, bulls are raging on the Dalal-Street as well
While equity markets remain in a cheerful mood, analysts caution that renewed lockdowns in some countries and ongoing Brexit negotiations, are some downside risks that investors should watch out for
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Continuing accommodative stance of global central banks has added to the equity market’s comfort of more easy money. At their latest policy meetings, the US Federal Reserve, the European Central Bank and the Bank of Japan, among others, remain committed to supporting economic growth via monetary policy expansions.