growth prospects

Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

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Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

Mumbai: Kotak Institutional Equities said the Indian market continues to be a mix of being “rightfully optimistic and mistakenly euphoric“. The brokerage said parts of the market rightfully reflect the strength of the Indian economy and its long-term growth prospects, while the other parts reflect “extreme euphoria linked to baseless narratives.” Kotak said the market … Read more

RBI’s policy rates anchored at lows despite inflation: Decision-day Guide

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RBI’s policy rates anchored at lows despite inflation: Decision-day Guide

By Anirban Nag India’s monetary policy makers are likely to leave interest rates untouched for a seventh straight meeting, as their focus remains more on fixing a fickle economy than on controlling stubborn price pressures. The Reserve Bank of India’s six-member Monetary Policy Committee is meeting amid weak indicators raising doubts about the economy’s ability … Read more