Comments on market by Mr. Amar Ambani, Head of Research, IIFL – 23rd May, 2013
The Indian equity market extended its losing streak for the fourth straight trading session. This time though, the decline came amidst a global sell-off. Stock markets witnessed deeper cracks post minutes of the latest Federal Reserve meet. Fed Chairman Ben Bernanke suggestion that the central bank may begin tapering its bond-buying program later this year …