Starting November reading, you will see a decline in core inflation due to the auto fuel prices cuts, says RBI Deputy Governor Michael Patra. #RBIPolicy
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.