Expert Speaks: What will the market look like this week?
Sun, Apr 12, 2015 12:00 AM on Experts Speak,
Anuj Agrawal, Share market expert
The market will remain upbeat in the coming weeks. There are various reasons behind it.
Nepal Rastra Bank has relaxed its rule on provisioning, easing the anxieties of banks and financial institutions by giving them more time to adjust to the new rule.
Positive political development is another reason for a good market outlook in the coming weeks. Opposition parties have decided to call off their protests and shown willingness to sit for talks.
Also by Baishakh 2nd week most companies will publish their 3rd quarter report and after that getting loans will be easier for investors.
These factors will together contribute to keep the market in the upward trend for some weeks.
The market will remain upbeat in the coming weeks. There are various reasons behind it.
Nepal Rastra Bank has relaxed its rule on provisioning, easing the anxieties of banks and financial institutions by giving them more time to adjust to the new rule.
Positive political development is another reason for a good market outlook in the coming weeks. Opposition parties have decided to call off their protests and shown willingness to sit for talks.
Also by Baishakh 2nd week most companies will publish their 3rd quarter report and after that getting loans will be easier for investors.
These factors will together contribute to keep the market in the upward trend for some weeks.
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