News

Short term trend of Nifty continues to be negative, say analysts The short term trend of Nifty continues to be negative and there is a possibility of some more weakness in the coming sessions, says Nagaraj Shetti, Technical Research Analyst, HDFC Securities. However, a sizable upside bounce from the important lower support of 19K mark can't be ruled out in the near term. Immediate resistance is placed at 19,380 levels, he said. Rupak De, Senior Technical analyst at LKP Securities said the Nifty index has declined to a significant moving average (...
Short term trend of Nifty continues to be negative, say analysts
Short term trend of Nifty continues to be negative, say analysts
Source: IANS
27/08/2023 12:31:12 PM
RBI`s Monetary Policy Committee may hike policy rate by 25-35 bps: Experts The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may hike the repo rate between 25-35 basis points (bps) in its upcoming meeting, said experts. "We expect a 35 bps rate hike in the upcoming meeting. The Consumer Price Index (CPI) inflation is likely to moderate further in the coming months and slip below six per cent by the end of the fiscal year," Rajani Sinha, Chief Economist, CARE Ratings told IANS. She also said the Wholesale Price Index (WPI) has also...
RBI`s Monetary Policy Committee may hike policy rate by 25-35 bps: Experts
RBI`s Monetary Policy Committee may hike policy rate by 25-35 bps: Experts
Source: IANS
1/12/2022 2:16:26 PM
Quote on Monetary Policy by Churchil Bhatt, Kotak Mahindra Life Insurance Company Below is quote on Monetary Policy by Churchil Bhatt, Executive Vice President & Debt Fund Manager, Kotak Mahindra Life Insurance Company Limited With a 50bps policy rate hike, the MPC has delivered just what was expected by financial markets. Inflation projection for FY23 was kept unchanged at 6.7%, while GDP growth projection was revised marginally lower to 7%. However, in spite of the policy rate hike, the stance of policy remains as “withdrawal of accommodation&...
Quote on Monetary Policy by Churchil Bhatt, Kotak Mahindra Life Insurance Company
Quote on Monetary Policy by Churchil Bhatt, Kotak Mahindra Life Insurance Company
Source: PR Agency
30/09/2022 2:20:07 PM
Views on Monetary Policy by Churchil Bhatt, Kotak Mahindra Life Insurance Below are Views on Monetary Policy  by Churchil Bhatt, EVP Debt Fund Manager, Kotak Mahindra Life Insurance Company Limited “Yet again, this time to market’s surprise, the MPC kept the key policy rates unchanged in Feb22 meeting. The stance of the policy too remains accommodative in order to bolster durable and broad-based growth recovery. The MPC attributed recent rise in headline inflation primarily to base effect and drew comfort on that front with a view of soften...
Views on Monetary Policy by Churchil Bhatt, Kotak Mahindra Life Insurance
Views on Monetary Policy by Churchil Bhatt, Kotak Mahindra Life Insurance
Source: PR Agency
10/02/2022 12:31:44 PM