The founder and CIO of ValueQuest also expects the Reserve Bank to undertake measures like open market operations or a CRR cut at its Feb 8 policy meeting to ease the liquidity situation, which should cheer the markets
Macro concerns will impact few parts of the market - financials, industrials and materials, while rupee fall will help export-oriented sectors like IT, healthcare or import parity sectors like petrochemicals and energy. This in turn provides an opportunity for traders.