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, wonDiscover 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!