Independent analyst Ambareesh Baliga explains on CNBC-TV18 that over the January series the Nifty may cross the crucial level of 6,350 supported by the probable cut in rates by the RBI on January 29. Baliga advises investors to sell Infosys on the first signs of weakness in the stock.
Shubhada Rao, chief economist, YES Bank and. Ajit Ranade, chief economist, Aditya Birla Group discuss the probability of the much-expected cut in rates and explains other attendant issues on CNBC-TV18.
Rashesh Shah chairman and CEO, Edelwiess Capital explained that the IIP had reached a bottom and expects it post a reasonable rise. He was positive that the RBI would spread its cut in rates across the year.