While the RBI kept the reverse repo rate unchanged, latent monetary policy normalisation could continue, says @HSBC_IN's chief India economist Pranjul Bhandari. #RBIPolicy
@HSBC_IN Most liquidity will now be absorbed a rate well above the reverse repo rate of 3.35% and closer to the repo rate of 4%, said @DeutscheBank's chief India economist Kaushik Das. #RBIPolicy
Defence Minister Rajnath Singh shares condolences on the demise of CDS General #BipinRawat, his wife and 11 others in the IAF chopper crash earlier today.
Institutional holding in Maruti Suzuki has remained steady at around 30%.
The lay investor too has nothing but a positive view.
The long-term chart picture, though, is not really reflecting this overall positive sentiment, finds @CK_Narayan. bit.ly/3DvfMKa
@CK_Narayan The monthly chart on Maruti Suzuki, having dropped to 62% of the rise already, suggests that the worst of the price decline is over and hence only the time correction part is left.
While the RBI kept the reverse repo rate unchanged, latent monetary policy normalisation could continue, says @pranjulb, chief India economist at HSBC. #RBIPolicy
@pranjulb Most liquidity will now be absorbed a rate well above the reverse repo rate of 3.35% and closer to the repo rate of 4%, said @DeutscheBank's chief India economist Kaushik Das. #RBIPolicy