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You are Here : See 50 bps rate cut, be cautious at 5200-5250: Religare Cap

Wednesday, 09:40

Now that the industry output growth was almost flat at 0.1% in April, the market is gathering hopes for deep rate cut by the Reserve Bank of India (RBI) in its mid-quarter policy review on June 18. Most experts say that the market has already factored in a 25 basis points (bps) rate cut and are now hoping for a 50 bps cut.
JUL 01, 2016
08:58 PM

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