Markets ride easy money wave, experts caution against asset price bubbles

Equity markets across the world are having a dream run, thanks to aggressive stimulus measures by central banks. Most global indices have managed to overcome deep losses suffered in March, amid the Covid-19 pandemic, to trade in the green on a year-to-date (YTD) basis. On Wednesday, the benchmark Nifty closed at 11,133 — the index is currently just 8.5 per cent down on YTD basis and 10 per cent shy of a new all-time high. It managed to make giant strides despite the unprecedented economic shock following the lockdown. The Indian benchmarks have rebounded 47 per cent fro.....

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