Tag: mutual funds

Demonetization Effect On Indian Market

The BJP government has made a surgical strike on black money. With the new demonetization policy the liquidity side of the indian market has been affected. About nearly 86% of currency value in circulation was withdrawn without replacing bulk of it. As a result of the withdrawal of Rs 500 and Rs 1000 notes, a huge gap in the currency composition was created as after Rs 100, Rs 2000 was the only denomination. (more…)