Ashwini Agarwal the director of Demeter Advisors, in an interview on CNBC-TV18, talks about how he sees the market playing out post the monetary policy review. He also talks about the different factors which will decide how market will move forward.
The Reserve Bank is behind the curve in rate tightening and thus it should raise rate by 50 basis points—that the word from Ashwini Agarwal director of Demeter Advisors. A 25 bps hike will be perceived negatively, according to him.
It's not been the best of start to the year for sure. It's been a tricky in fact. And the Nifty is probably at levels which people did not expect so soon in the year but it might be a twisting road ahead over the next 12 months. So how are the top fund managers and market watchers reading the year ahead?