business

Credit policy spooks mkts: Experts see further downside

RBI's inflation stance spooked the markets. The absence of any surprise on the rate front cheered the markets, but the fine print especially on inflation, spoilt sentiment. The Nifty shut shop at 5,687, down 56 points, the Sensex shut shop at 18,969 down 181 points. Experts see further downside and volatility ahead.

first published: Jan 25, 2011 05:00 pm