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By Sunita Nagpal, CNBC-TV18
Inflation stands at 7.14% versus 7.41% for the week ended April 5 . The market had estimated it at 7.3%.
CNBC-TV18 conducted a poll on inflation where most people saw inflation coming in at 7.3%.
INFLATION - MARKET VERDICT:
Where Do You See Inflation Coming In Today?
a) > 7% 100%
b) 6.5-7% 0%
c) < 6.5% 0%
Inflation Range Over The Next 2-3 Months?
a) > 7% 47%
b) 6.5-7% 47%
c) < 6.5% 6%
By What Extent Would The RBI Hike CRR?
a) No Hike 20%
b) 25 bps 13%
c) 50 bps 67%
What Action Do You Expect On The Repo Rate Front?
a) No Hike 80%
b) 25 bps 13%
c) 50 bps 7%
What Action Do You Expect On The Reverse Repo Rate Front?
a) No Hike 93%
b) 25 bps 7%
c) 50 bps 0%
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