“The RBI can always reduce the pace of rate hikes from September onwards if inflation and growth momentum softens, but we think it is a risky strategy at this stage to be an outlier in delivering less than 50 bp rate hikes.”
Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve’s projected slower rate cuts. Heavy selling in financial and IT stocks pushed
Foreign Portfolio Investors (FPIs) focused on selling financials and oil & gas stocks in 2024, resulting in significant sectoral outflows. Outlook for 2025 suggests moderate
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