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8 Dec, 4 tweets, 3 min read
MPC, while keeping interest rates unchanged, said it is appropriate to wait for growth signals to become "solidly entrenched." #RBIPolicy

Read: bit.ly/3dtrJW7
Managing a durable, strong and inclusive recovery is our mission, says RBI Governor Shaktikanta Das. #RBIPolicy

Read: bit.ly/3dtrJW7
Our motto is to ensure a soft landing that is well timed, says RBI Governor Shaktikanta Das. #RBIPolicy

Read: bit.ly/3dtrJW7
Putting in place credible and consistent policies will assume the highest priority amid uncertainty, says RBI Governor Shaktikanta Das. #RBIPolicy

Read: bit.ly/3dtrJW7

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More from @BloombergQuint

BloombergQuint Profile picture
9 Dec
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

Read: bit.ly/31H6360
@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

Read: bit.ly/31H6360
@HSBC_IN @DeutscheBank The assessment on inflation seems somewhat sanguine, says @IDFCMF's head of fixed income Suyash Choudhary. #RBIPolicy

Read: bit.ly/31H6360
Read 5 tweets
BloombergQuint Profile picture
9 Dec
Get set for today's trade.

bit.ly/3EFFNHN
Here's how Indian ADRs fared overnight.

bit.ly/3GIn5Af
Here's how foreign and local funds played the market on Wednesday.

bit.ly/31ATtWy
Read 5 tweets
BloombergQuint Profile picture
8 Dec
Chief of Defence Staff General #BipinRawat, his wife Madhulika Rawat and 11 others on board IAF chopper that crashed earlier today, have died.

Read: bit.ly/3DzN1fh
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.

Live blog: bit.ly/3DzN1fh
One member of the staff onboard, Group Captain Varun Singh SC, is currently injured and under treatment, the IAF tweeted.

Live blog: bit.ly/3DzN1fh
Read 4 tweets
BloombergQuint Profile picture
8 Dec
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.

Read @CK_Narayan in #BQOpinion.
bit.ly/3lKWVEE
@CK_Narayan The Maruti stock has also retraced to 62% of the fall.

So far, everything is moving in perfect Fibonacci relations, writes @CK_Narayan in #BQOpinion: bit.ly/3lKWVEE
Read 6 tweets
BloombergQuint Profile picture
8 Dec
While the RBI kept the reverse repo rate unchanged, latent monetary policy normalisation could continue, says @pranjulb, chief India economist at HSBC. #RBIPolicy

Read: bit.ly/31H6360
@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

Read: bit.ly/31H6360
@pranjulb @DeutscheBank The assessment on inflation seems somewhat sanguine, says IDFC Mutual Fund's head of fixed income @Suyash_SC. #RBIPolicy

Read: bit.ly/31H6360
Read 5 tweets
BloombergQuint Profile picture
8 Dec
RBI Governor Shaktikanta Das addresses the media on the MPC's rate decision and additional measures announced. #RBIPolicy #BQLive

Live blog: bit.ly/31GhTgG twitter.com/i/broadcasts/1…
Activity in various segments of economy has cross pre-pandemic levels, says RBI governor. #RBIPolicy

Watch Live: bit.ly/3GlG6YX
Live blog: bit.ly/31GhTgG
Economy facing several headwinds emanating from mostly international factors, says Shaktikanta Das. #RBIPolicy

Watch Live: bit.ly/3GlG6YX
Live blog: bit.ly/31GhTgG
Read 22 tweets

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