High food inflation and incomplete transmission of the 250 basis point policy rate hikes since May 2022 could delay the Reserve Bank of India’s (RBI) rate cut. Transmission through loan and deposit rates varied between 111 and 245 bps until May 2024, except for loans linked to external benchmarks, which had immediate full transmission.
Tech View: What Nifty’s multiple doji candles and inside bars suggest for Friday trade?
Indian benchmark indices ended flat on December 26 as FMCG and bank losses offset auto gains. Expert Satish Chandra Aluri predicts sideways consolidation, citing cautious