The RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hikes. Fund managers suggest corporate bonds for accrual income and a tactical bet on long-tenure gilt funds, anticipating improved FPI inflows after tax benefits.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid