Two Central Bank Minutes Keep Markets Volatile!

The conversations of central banks have dominated the headlines in the last about one year, and today is no different. With the global central bank, which is the US Federal Reserve that matters to equity markets at large, and the Indian central bank, the Reserve Bank of India (RBI) and the minutes thereof not sounding particularly dovish, the question remains whether risk assets have a problem at hand. And that’s the talking point amongst many as the bulls have witnessed a heavy week where they have been pretty much on the back-foot with the Nifty losing 600 points and Bank Nifty down by 1,300 points.