Moneycontrol
Oct 04, 2017 08:18 AM IST | Source: Moneycontrol.com

Stimulus given, will market respond?

Today the big cues would be A) In the first half how does the market react to the fiscal stimulus, there has been Rs 2 per litre cut in petrol and diesel and B) Is there going to be a monetary stimulus as well thrown in at 2.40 pm or 3 pm when the Reserve Bank of India (RBI) announces its monetary policy?

Today the big cues would be A) In the first half how does the market react to the fiscal stimulus, there has been Rs 2 per litre cut in petrol and diesel and B) Is there going to be a monetary stimulus as well thrown in at 2.40 pm or 3 pm when the Reserve Bank of India (RBI) announces its monetary policy? That will be interesting. So let us wait for the markets to react.

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