Don't see any fundamental weakness to earnings: HSBC AMC

In an interview with CNBC-TV18, Tushar Pradhan, CIO of HSBC AMC, spoke about the RBI credit policy meet and his outlook.

Below is a verbatim transcript of the interview. Also watch the accompanying video. Q: How will a 50 bps rate hike impact market?
A: Actually 50 bps will be quite a change from what is expected generally. We have seen spate of increases on the RBI for sometime now. That seems to indicate that they are quite happy to do this gradual increase over a period of time. So if you do 50 bps now, I think that is going to send a very strong signal.
That might not just be a day for the equity markets at least to kind of look at