Markets gear up for RBI policy review

Last Updated: Fri, Mar 15, 2013 11:45 hrs

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.


Monday: April-Sept government borrowing calendar

Tuesday: RBI policy review

Wednesday: Money supply data

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