Rising interest rate in the US provides sufficient indication that benchmark policy rate of the Reserve Bank of India is not going to go down but may increase in the future depending on domestic and external factors, experts said.
Finding profit in trading JGBs is a bit counterintuitive. Bond yields, which move inversely to prices, have plunged to record lows in the wake of the Bank of Japan's (BOJ) surprise move in late January to implement a negative interest rate policy.
CNBC-TV18 spoke with market experts to obtain their views on the market and discuss stock and sector strategies.
According to HSBC, the RBI will raise interest rate by another 75 basis points this year in order to control inflation. HSBC feels that inflation is unlikely ease soon and it go above the RBI's comfort zone.
Industrial growth is slowing and so is inflation. In circumstances like these should the RBI pause or does it need to raise rates yet again on March 17? CNBC-TV18's Gopika Gopakumar and Vidhi Godiawalla find out what bankers and economists are expecting.
Ruling out the impact of last week's losses, domestic market marked a significant recovery on the first day of the week. Crude oil prices dropped marginally as news of earthquake and tsunami in Japan created a pressure on crude rates.