Better-than-expected IT results helped boost market sentiments in the week gone by as benchmark indices shrugged off muted start to the year and hit record highs.During the week, as many as 84 smallcap stocks have delivered double digit weekly returns with eight of them offering over 25% returns.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction