This time as October kicks in, the mood is jittery as the continued sell-off in the US market, higher interest rates and strengthening dollar are keeping investors on the edge. What is adding to the nervousness is growing speculation about stresses at European banks including Credit Suisse whose share price has collapsed in recent months.
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