And if we do not go beyond that and do start falling again, yes, we can create a case that this will become a further extended decline. But right now, at current levels, there are some oversold readings that allow us to look for some kind of a bounce back in the next one or two days
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
December 9, 2025