WebSify
Follow us on
Mail
Print

Markets gear up for RBI policy review

Source : REUTERS
Last Updated: Fri, Mar 15, 2013 11:45 hrs
A man walks past an RBI logo in front of its building in Kolkata

The Sensex and the Nifty should trade in a range ahead of RBI's policy review on Tuesday, with analysts expecting the central bank to lower interest rates by 25 basis points.

A rate cut could spark gains after recent volatility in shares following the 2013/14 budget, unveiled last month, largely disappointed investors.

Given the high cash deficit, analysts do not rule out a potential cut in the cash reserve ratio.

The government is also set to announce its borrowing calendar for the first half of the fiscal year on Monday.

KEY FACTORS/EVENTS TO WATCH :-

Monday: April-Sept government borrowing calendar

Tuesday: RBI policy review

Wednesday: Money supply data




blog comments powered by Disqus
most popular on facebook
talking point on sify finance