Mar 15, 2012 06:21 PM IST | Source: CNBC-TV18

Rate cut may surprise mkt but not much expected from RBI

People are not expecting too much from today's monetary policy. If there is a rate cut, then the street will certainly be positively surprised and we will see an immediate reaction in the stock and the bond market.

There is just one day to go for the Union Budget; today is the day of the monetary policy and lots of drama is happening around the Railway Budget. So, this is heavy news flow that the market is wading through some good and some not good, said CNBC-TV18's managing editor Udayan Mukherjee.

The thick of liquidity flows has not deserted us, which remains as robust as ever. So, there would be a lot of give and take for the market, one should expect couple of days of volatility leading up to the end of this crucial week.

But, I don

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