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Below the Expectations from the Monetary Policy Committee by Suman Bannerjee, CIO, Hedonova

We think the Reserve Bank of India (RBI) will likely maintain the repo rate at 6.5 percent. If this goes as anticipated, it would reinforce stability in the financial markets. This decision aligns with market expectations and reflects the RBI's commitment to managing inflation and supporting economic growth. Consequently, we anticipate it could sustain positive market sentiment, bolstering investor confidence in the domestic economy. However, any unexpected deviation from this anticipated decision could introduce uncertainty and potentially lead to fluctuations in market dynamics, influencing investment strategies in the short term.

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