ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

C R L NarasimhanSubscribe to C R L Narasimhan

Central Banks and the Indian Stock Market

The United States Federal Reserve has announced an end to its quantitative easing programme, while the Bank of Japan has decided the opposite, and will launch a new bond purchase programme. The Indian stock market has not reacted nervously, unlike last year, to the US decision and it will see a new flood of money following Japan's actions. The unhealthy Indian dependence on short-term foreign capital inflows is only growing.
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