HomeNewsBusinessMarketsRBI Guv has Dalal Street bulls running for cover

RBI Guv has Dalal Street bulls running for cover

Stock prices crashed Tuesday, as bulls paid dearly for taking RBI governor Duvvuri Subba Rao’s conservative style for granted. The central bank on Tuesday hiked key signalling rates—the rates at which RBI borrows from and lends to banks--by 50 basis points each, instead of 25 basis points as was widely expected of it.

May 03, 2011 / 16:17 IST

Moneycontrol Bureau

Stock prices crashed Tuesday, as bulls paid dearly for taking RBI governor Duvvuri Subba Rao

first published: May 3, 2011 03:39 pm

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