Thursday, 5 March 2015

Latest News Tips on Indian Equity Market

Lower lending rates hold the key to India’s recovery. RBI Governor Raghuram Rajan’s 25 bps cut in repo rate is a welcome move. We had expected this on April 7 with finance minister Arun Jaitley expectedly sticking to the path of fiscal consolidation.

While lower rates are welcome, we do not, as monetary conservatives, favour inter-meeting actions twice over unless there is a forex crisis. Looking ahead, we still expect RBI to cut 25 basis points in June. This should pull down the 10-year yield to 7% by March 2016 with net central borrowing at Rs 4,86,500 crore, marginally lower than last year’s.

For more updates on Indian Stock Market Tips,Equity Market Tips please visit us at or call at 07316619100.

No comments:

Post a Comment