We are aware that Indian economy is rate sensitive and that is the reason we have to keep tag of the same every quarter. We will analyse the Sensex movement ahead of RBI policy update and same is appended below:
India's Sensex is largely unchanged ahead of RBI's monetary policy review tomorrow. Notwithstanding the demand to lower interest rates from India Inc and others, most analysts expect the central bank to refrain from cutting policy rates as manufacturing inflation still remains a concern.
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