Global central bank easing to support asset prices: Kotak Mahindra
With the change in government in Japan, expectations are that the Bank of Japan will remain very easy on liquidity, believes Indranil Pan, chief economist at Kotak Mahindra. This coupled with US Federal Reserve's 4th phase of quantitative easing program will support asset prices, according to him. However, he adds that a sharp run in the stock price is unlikely.
