Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now
The US Federal Reserve and the People’s Bank of China appear to be exerting undue influence over the stocks of banks and other financial companies. Foreign institutional investors, or FIIs, believed that the Fed’s massive rate decrease of 50 basis points was sufficient compensation for the September loss of opportunity. FIIs had sold banks and […]
Fed made FIIs spend Rs 27,000 crore on bank stocks but China forcing a U-turn now Read More »