320-x-100_uti_gold.jpg" alt="Advertisement">
Quote on CPI Inflation : The RBI`s projection of 5.2% CPI inflation for FY 24 appears to be on track Says Dr. V K Vijayakumar, Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Quote on CPI Inflation By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services
The MPC has received an endorsement of their decision to pause the rate hike with the March CPI inflation slowing down to 5.66 % in March from 6.44% in February. The RBI’s projection of 5.2% CPI inflation for FY 24 appears to be on track. Core inflation for March,too, has declined to 5.8% from 6.1% in February. This is good news from the market perspective. Bulls can take the rally forward on the assumption that we are at the peak of this rate hiking cycle.
Above views are of the author and not of the website kindly read disclaimer
More News
Quote on Today's Credit Policy Announcement By Akhil Mittal, Tata Mutual Fund
