Moneycontrol PRO
HomeNewsBusinessExpect RBI to increase rates by 25 basis points: Dynamic Levels

Expect RBI to increase rates by 25 basis points: Dynamic Levels

We expect RBI to increase rates by 25 basis points today, as indicated by 3 month India bond yield which is currently trading at 6.50, says a report by Dynamic Levels.

June 06, 2018 / 09:36 IST

Dynamic Levels

Markets to bounce back after of RBI monetary policy which is expected to increase ratre by 25 basis points. As per our Dynamic Research team, we expect RBI to increase rates by 25 basis points today, as indicated by 3 month India bond yield which is currently trading at 6.50.

Small cap Index has given a good correction and closed at 7302 after making a low of 7252 which is above is support level of 7245.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Moneycontrol News
first published: Jun 6, 2018 09:35 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347