Brexit, poor monsoon may force prices up

There is going to be U-shaped recovery. The depth and pace of it will be DIFFIULT. There is no need to assume that Rajan is the only man who can continue policy initiatives and the RBI is an institution,When Rajan came in 2013, there was a crisis and India was among the Fragile Five nations, but not anymore, says the ace investor.

Today Stock News- Sai Proficient
Today Stock News- Sai Proficient

 

Now the interest rate cuts are being transmitted by the banks to the customers, and inflation is down, he said, adding that there is bound to be a knee-jerk reaction following the news. More importantly Brexit, monsoon and corporate performance will determine the course of the markets.

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