Though the approach to 17,730 exposed vulnerability on anticipated lines, upside prospects, remain alive as long as above 17,550 on a closing basis, Anand James – Chief Market Strategist at Geojit Financial Services, said.
RBI can’t be very aggressive in cutting rates if Fed is not doing so in USA: Swaminathan Aiyar
Swaminathan Aiyar suggests the Reserve Bank of India might lower interest rates. This decision hinges on a possible US recession. The US Federal Reserve’s approach