Reserve Bank Governor Raghuram Rajan called on Finance Minister Arun Jaitley and is believed to have discussed macro-economic situation ahead of the second bi-monthly monetary policy next month
Standard Chartered Bank on Tuesday posted 45 percent jump in pre-tax profit in the January-June period at USD 450 million, but said macroeconomic situation and currency volatility make it 'cautiously optimistic' about the future.
Nitin Raheja, CIO, AQF Advisors explains to CNBC-TV18 that the macro-economic situation will be confusing till the effect of the reforms sinks in. He advises investors to bet on interesting opportunities in the pharma and the auto sectors.
Devesh Kumar, Head of Equities, RBS India joins CNBC-TV18 to discuss about investor sentiment across markets, especially, in the Indian market.