The views in India’s Monetary Policy Committee have become louder with outgoing members Ashima Goyal and J R Varma warning about the risks of a ‘higher-for-longer’ interest rate approach to economic growth. Both members voted for a repo rate cut, citing concerns over excessive monetary tightening’s impact on growth.
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.