Economists believe India’s policy interest rate cuts are unlikely to continue due to West Asia crisis-driven inflation risks and the fading of a favorable base effect. Sustained foreign outflows and a weakening rupee could also force the Reserve Bank of India to reconsider further easing, potentially even a hike.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited