RBI monetary policy: On expected lines, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) maintained a status quo on the repo rate and poly stance on Friday, June 7. The six-member committee of the central bank, with a majority of 4:2, decided to keep the benchmark repo rate […]
rbi monetary policy
Along with exit polls, market will also react to domestic GDP data along with US core PCE data which will result further heighten the volatility on Monday. Overall the global cues have been weak as the hopes of rate cut are getting diminished with better than expected US economic data […]
In the first week of June, investors will keenly eye the ongoing Lok Sabha election developments, the upcoming Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI), domestic and global macroeconomic indicators, auto sales figures, foreign fund inflow, crude oil prices, and global cues. Also Read: Bulls […]