08-10-2023 01:57 PM | Source: Geojit Financial Services Ltd
Quote on MPC meeting & its impact by Mr. Satish Menon, Geojit Financial Services
Below the quote on MPC meeting & its impact from Mr. Satish Menon, Executive Director at Geojit Financial Services
The inflation forecast has been increased, with the possibility of further upside risk in the near term. The overall setback is that high inflation is expected to persist for a long period of time, indicating that interest rates will remain high for a long time. Generally, high interest rates affect corporate earnings growth and valuation. However, the impact in India is likely to be nullified due to stable domestic demand and incremental global orders led by Chinas plus one strategy.
Above views are of the author and not of the website kindly read disclaimer
Latest News
Nifty sees profit booking after hitting fresh record...
Veefin Solutions Posts Remarkable FY2024 Results : R...
Daily Market Analysis : Today was quite eventful as ...
Groww gets RBI`s in-principle nod to operate as paym...
Post market comment by Mandar Bhojane, Research Anal...
Adani Ports & SEZ secures AAA rating - India`s 1st i...
Marking The Gold : RITES completes glorious 50 years
Shriram Housing Finance`s Assets under Management (A...
ICICI Bank inches up on getting nod to raise up to R...
Jammu & Kashmir Bank rises on entering into agreemen...
Tag News
Monthly Debt Market Update, September 2023: CareEdge Ratings
Quote on RBI decision to discontinue the incremental cash reserve ratio (CRR) By Dr. Manoranjan Sharma, Infomerics Ratings
Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: Ajay Chaudhary
3 Centres of Excellence set up by TIDCO finding good traction: Tamil Nadu Minister