Monday, June 8, 2020

Liquidity continues to drive up markets, benchmarks gain 6% in a week - Ace Investment Advisory

Liquidity continues to drive up markets, benchmarks gain 6% in a week - Ace Investment Advisory: Liquidity continued to drive Indian equities, which ended the week with 6% gains. The rally was fuelled by European Central Bank (ECB)’s additional fiscal stimulus, continued buying of Indian equities by overseas investors and optimism surrounding the exiting of lockdowns by countries globally. Friday’s rise in the benchmark indices was driven by banking stocks. The

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