Off late, there has been a great deal of focus on inflation for this market and it's been all about macro. Today, the Reserve Bank India (RBI), at 11.30 AM will tell us what their stance would be in combating this sticky inflation which is rocking the stock market.
Is it going to be 25 or 50 basis points? CNBC-TV18's managing editor Udayan Mukherjee thinks the market outcome by the end of the day today depends squarely on that. "And, there are lots of earnings which come in today and there is expiry on Thursday. So this is a big session of trade that we are walking into today." Below is a verbatim transcript of his comments. For complete details watch the accompanying video. Q: Good to see yesterday closing up with some confidence? A: I donDiscover 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!
