The primary markets are likely to seek a lot of investors’ attention as new IPOs are lined up. Photo: Hemant Mishra/MintMumbai: This week the markets are likely to focus on key global events and heated action in initial public offerings (IPO) ahead of the end of the financial year on 31 March. US Fed policy meet is the key event and the market expects a 0.25 basis points (bps) hike,” Nair said. All eyes are on the outcome of the Federal Open Market Committee (FOMC) meeting scheduled on 20-21 March headed by new Federal Reserve chief Jerome Powell. Meanwhile, the primary markets are likely to seek a lot of investors’ attention as new IPOs are lined up.

Source: Mint March 19, 2018 03:56 UTC