Moody’s downgrades India’s credit rating
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Moody’s downgrades India’s credit rating
Moody’s India credit rating downgrade leaves markets unshaken as benchmark indices end in green and India volatility index cools down.
RBI slashes repo rates
RBI stepped up measures to infuse liquidity and spending in the economy by cutting benchmark interest rates while the markets ended the week in red
Govt. reforms fail to uplift markets
A host of reforms worth 20 lakh crore from the government to tackle covid-19 failed to uplift markets as benchmark indices closed in red
RBI gives liquidity access to Mutual Funds
Markets cheer RBI’s move to provide liquidity window to mutual funds during an otherwise uncertain market
Franklin Templeton winds up six funds
Nervousness due to Covid-19, coupled with Franklin MF winding up 6 funds caused markets to end in red.
Volatility indicators show signs of cooling down
Equity markets have gained for a second straight week as the government tries to combat Covid-19 fears.