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share market

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Issue:

Miscellaneous

 

Written by:

Keith F

 

Date added:

September 18, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 323

 

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8549 times

 

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economy has been under pressure due to tightening of credit markets, a weakening housing market and poor job data. The Fed has lowered its benchmark lending rate by 100 basis points since mid-September in a bid to boost the economy. The firm, which entered the rapidly growing Indian fund industry last year and managed assets worth about 26 billion rupees at December-end, said any aggressive rate cuts in the U...
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was likely to benefit the Indian markets. "We expect the trend of growing interest in Indian equities, both by domestic and foreign investors, will likely continue in 2008," the Indian fund arm of JPMorgan (JPM.N: Quote, Profile, Research) said. Indian stocks rose 47.15 percent in 2007, recording their sixth straight year of increase and strongest growth in four years on record fund inflows and strong corporate results...
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