The start is going to be a positive one.....

[RaahiShah]

Indian stocks had been going up in the hope of RBI policy that it would be heading towards monetary easing in order to support growth. Now, world markets are upbeat about more stimulus coming their way from the Federal Reserve later on Wednesday.

One problem with keeping high expectations is the risk of some of them not being met. So, while the global economic conditions do merit urgent policy action, it ought to come from the fiscal side and not from the monetary side.

The start is going to be a positive one as the world’s leading markets galloped on increasing speculation about some sort of easing from the FOMC and other central banks.

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