Sensex, Nifty maintain uptrend: DRL, Hero, HUL laggards

ONGC, BHEL, Adani Ports, Tata Motors and ICICI Bank are top gainers while ITC, Dr Reddy’s, NTPC, Hero MotoCorp and HUL are losers in the Sensex.

Cautioning against expecting too much from central banks, RBI Governor Raghuram Rajan has said it is wrong on their part also to always claim a ‘bazooka’ left up their sleeves, even as he asserted that life is “very difficult” in emerging markets.

Stock News Today- Sai Proficient
  Stock News Today- Sai Proficient

In a panel discussion here on lessons learnt by the central bankers from the global financial crisis, he also took on the industrial nations for expecting the emerging markets to be “orthodox” in their monetary and economic policies at a time when they themselves have “thrown out the orthodoxy out of the window”.
He was speaking at a panel discussion after the Per Jacobsson Foundation Lecture, delivered by JPMorgan Chase International Chairman Jacob Frenkel, on the occasion of the Bank for International Settlements (BIS) Annual General Meeting.


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