HomeNewsBusinessMarketsRBI action to move mkts, budget won't alter mood: Religare

RBI action to move mkts, budget won't alter mood: Religare

The RBI is set to announce its quarterly monetary policy on Tuesday. And, Tarun Kataria CEO of Religare Capital says though there is no material move-up expected in the indices, they may get spooked by the 50 basis points hike expected tomorrow. "In fact, the banking sector could see rally post the rate tightening cycle," he adds.

February 01, 2011 / 16:12 IST
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The RBI is set to announce its quarterly monetary policy on Tuesday. And, Tarun Kataria CEO of Religare Capital says though there is no material move-up expected in the indices, they may get spooked by the 50 basis points hike expected tomorrow. "In fact, the banking sector could see rally post the rate tightening cycle," he adds.

The budget, however, according to him, won
first published: Jan 24, 2011 10:02 am

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