The Reserve Bank of India will decide on interest rates on Wednesday. Analysts expect status quo stance from the central bank, given the current economic situation. In the last meet, the RBI had kept the repo rate unchanged at 6 per cent, but hinted it may change its stance due to inflation risks.
Last week, SBI, and HDFC Bank among others had hiked lending rates. Stocks from rate-sensitive sectors such as banks, NBFCs, automobile and realty will remain in focus.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.