RBI hikes rate, but analysts see shift to ‘calibrated tightening’ as bigger takeaway. How can this impact markets?
· economictimes.indiatimes.com
RBIs 25-bps repo rate hike to 5.50% was largely expected, but its shift to ‘calibrated tightening surprised markets and signals that near-term rate cuts are unlikely. Analysts expect selective pressure on rate-sensitive sectors, while banks with stronger balance sheets may remain relatively better placed amid rising inflation and crude prices.
Live Events
What's ahead for Sensex and Nifty?
as a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now!
(You can now subscri...