Market Quote : The market is largely expecting a 25-50bps rate hike Says Mr. Vinod Nair, Geojit Financial
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Quote on Market 03 August 2022 By Vinod Nair, Head of Research at Geojit Financial Services.
"Amidst the geopolitical storm affecting the global markets, domestic markets moved in-line with its global peers. The global market is also concerned about recessionary risk. On the domestic front, the major trigger this week will be the RBI’s policy meeting outcome, where the market is largely expecting a 25-50bps rate hike"
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