The Economic Times
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| 28 November, 2020, 01:55 PM IST | E-Paper

    Market Now: Nifty Auto in red post RBI policy meet

    In the Nifty50 pack, 20 stocks were trading in the green, while 31 stocks were in the red.

    Sell a strangle on Bank Nifty to play RBI policy

    The lower breakeven below which losses start is 1.9 per cent from Monday's close.

    RBI policy on expected lines, hope to see rate cut soon: India Inc

    The RBI's macro numbers like inflation forecasts as also the GDP look real and variables like Monsoon, crude oil prices in an election year would be the factors to watch for, he added.

    RBI policy has been very positive and a very welcome move: Pawan Kumar Bajaj, United Bank Of India

    “In a way, RBI’s earlier projections on the inflation was a little on the higher side.”

    RBI deputy governor Acharya's autonomy concerns: 10 points he makes in his speech

    Yesterday, RBI deputy governor Viral Acharya raised concerns on the independence of the central bank.

    What derivative market hints for future rates?

    The yield on benchmark government bonds has fallen more than 30 basis points over a month amid rising trade volumes.

    Long term bond funds gain currency after RBI policy

    If RBI cuts rates in the future, long-term bond funds should regain the lost spark once again. Should you bet on them?

    RBI Policy: LTV relaxed, home loans to get cheaper

    For loans above Rs 75 lakh, with LTV ratio of above 75%, risk weight is reduced by 25% to 50%. Standard asset provision for all individual home loans is kept at 0.25%.

    Auto stocks cheer RBI policy outcome, gain nearly 1%

    Shares of Bharat Forge, Eicher Motors and Mahindra & Mahindra were among top gainers.

    What should be your debt fund strategy after RBI policy?

    RBI has kept repo rate unchanged in its second bi-monthly monetary policy review. Against this backdrop, what should debt mutual fund investors do?

    For the first time one member differed on RBI policy rate decision

    Of the six members, both external and internal, one external member Ravindra Dholakia was not in favour of a pause in policy rate.

    RBI policy meet: Realty stocks pare gains after policy decision

    Shares of Vedanta Ltd, ICICI Bank, ITC, DLF were among most traded securities on the National Stock Exchange on Wednesday.

    Stock market update: Bank stocks mixed ahead of RBI's policy outcome; IndusInd Bank, Kotak Bank rise 1%

    The Nifty Bank index was trading almost flat at 27,756 around 09:45 am.

    View: RBI delaying inevitable rate hike is just bravado

    Floating currencies are of little use. It’s shame that India didn’t get the message: Andy Mukherjee

    Inflation target lowered, but risks remain

    Uneven rainfall across the country has added to the risks to food inflation.

    RBI's status quo brings cheer for real estate developers

    Any hike in repo rate would have impacted consumption sentiment and also the real estate sector, market leaders said

    After Market: Stocks in oversold zone, those which defied market

    A plunging domestic currency and rising crude oil prices remained an overhang.

    Rupee ends at fresh record low of 73.77 as RBI stays put on rates

    Many market experts were hoping for a repo rate hike to revive rupee's fortunes.

    Why really stocks crashed, and how D-Street interprets this fall

    This RBI policy move was unexpected as most polls hinted at a possible 25 bps hike.

    Did RBI shrug off rupee fall? Key highlights of October money policy

    RBI tweaked its policy stance to 'calibrated tightening' from 'neutral'.

    ET View: Rate hike deferred, aiming for compression of the Current Account Deficit via a weaker rupee?

    The MPC’s mandate is to target inflation, all other macroeconomic variables being taken into account only through their impact on inflation.

    RBI lowers retail inflation projection to 3.9-4.5% for H2 FY19

    The Reserve Bank Friday lowered its retail inflation projection for the second half of the current fiscal to 3.9-4.5 per cent mainly because of an unusually benign trend in food prices. Food inflation has remained unusually benign, which imparts a downward bias to its trajectory in the second half of the year, the central bank said in its fourth bi-monthly monetary policy unveiled here. "Inflation is projected at 4 per cent in second quarter (July-September) 2018-19, 3.9-4.5 per cent in H2 (October-March) and 4.8 per cent in Q1:2019-20 (April-June), with risks somewhat to the upside," it added. Watch now. (Text: IANS)RBI lowers retail inflation projection to 3.9-4.5% for H2 FY19

    RBI’s status quo on rate risky? Check out the key takeaways

    The RBI committee changed the stance to hawkish, to focus on ‘calibrated tightening’.

    RBI proposes new route for FII investments in debt

    Under the proposed Route, FIIs will have more operational flexibility.

    Let the market decide where the rupee goes: Urjit Patel

    ​Currency depreciation is just adding to the upside risk for emerging markets, Patel said.

    RBI move risky, inflation focus narrow-minded: D-Street experts

    This is a risky move by RBI since the market was positioned for a rate hike: Abheek Barua.

    RBI holds key lending rates; Repo rate stays at 6.5%

    Belying market expectations of a rate hike, the Reserve Bank of India (RBI) on Friday held its key lending rates intact on the back of an uncertain global economic scenario. "On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent," the RBI said in its fourth bi-monthly monetary policy statement. "Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent," the statement said. Watch now. (Text: IANS)RBI holds key lending rates; Repo rate stays at 6.5%

    Why RBI went against consensus and kept repo rate unchanged

    The policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent.

    Stock market falls further: Sensex down 792 pts post RBI move

    ​The rupee also breached the 74-mark against the dollar for first time after the policy.

    RBI keeps repo rate unchanged but your EMIs are likely to go up anyway

    Although RBI has kept the key policy rates unchanged, now it is up to the banks on whether they will keep interest rates where they are or raise them.

    RBI surprises markets, holds repo rate at 6.5%; stance turns hawkish

    The MPC opted to take a pause after hiking the rates in last two successive policy meets.

    HDFC raises retail lending rate by 10 bps

    On Saturday, state-run Punjab National Bank had increased its benchmark lending rates or MCLR for short-term loans by up to 0.2 per cent, effective Monday.

    RBI likely to raise rate by 25 bps

    With the currency still under pressure and crude oil prices crossing $80, the rate increase cycle is far from over.

    Lacklustre bonds and currency market ahead of RBI policy

    The Federal Reserve's decision to leave rates unchanged helped, but the outlook for Indian rates also turned benign as the August inflation reading opened up the possibility of rate cuts.

    Invest in short-term debt mutual funds, say debt fund managers after RBI policy

    It is status-quo for your debt mutual fund investments, with Reserve Bank of India (RBI) keeping its policy rates unchanged in its policy review today.

    MSP, oil price risks, inflation outlook among factors to watch in RBI policy

    RBI may also take note of the government’s revised fiscal targets and may turn hawkish.

    Rupee hits 7-week low, tumbles 17 paise to 64.24 ahead of RBI policy

    The Indian currency hit a low of 64.40 intra-day before staging a recovery in line with local equities.

    Street expects hawkish tone in RBI policy on Wednesday, possible rate hikes in future meets

    Over the next few policy conclaves, the MPC may change its stance to ‘hardening’ from ‘neutral’.

    RBI study hints a rate hike in the next policy meet

    Economic theory suggests that when an economy is growing to its full potential, the cost of funds for further growth may be reined in by signalling higher rates.

    RBI policy, Budget after-effects and Q3 numbers to steer market this week

    Speculations and reports suggest the central bank may tighten its stance in the policy review.

    RBI Policy: Hope for easier home loan, car loan becomes slim

    The central bank raises reverse repo rate by 25 basis points to 6%, a measure to reward banks for parking excess fund with it.

    RBI policy: Rate cut is not in focus this time around; something else is

    Minutes from RBI’s February 7-8 policy review suggested that the central bank was worried about a slowdown in bank credit to industry.

    Lower rates? Boiling oil, inflation spike may upset RBI policy applecart

    India’s retail inflation accelerated more than estimated to a 17-month high.

    India's FY19 growth to moderate after strong start: Report

    The report further noted that upcoming elections (states and general polls) also add to the uncertainties for the investment community.

    Fed rate hike to have minimal impact on RBI policy: India Inc

    "Since Fed rate hike is not expected to create much volatility in the Indian markets, this should have minimal influence on RBI's policy stance," the chamber said in a statement.

    Market week ahead: RBI policy meet, Gujarat polls among key events to track

    Concerns over growing fiscal deficit and liquidity worries weighed on investor sentiment.

    RBI's policy decision slightly negative for India equities, rupee: Nomura

    According to Nomura expectations for a rate cut had built up after the government had stuck to its path of fiscal consolidation in a prudent (rather than a populist) budget.

    RBI policy: Invest in accrual funds with a horizon of three years

    Most money market participants were hoping for a 25-basis-points cut as the system was awash with liquidity after the demonetisation drive.

    Rate-sensitive stocks gain ahead of RBI policy outcome

    The BSE Realty and Auto indices were trading higher by 0.86 per cent and 0.54 per cent, respectively, around 9.40 am (IST). However, the BSE Bankex was almost flat around the same time.

    Sensex starts on a cautious note ahead of RBI policy outcome

    The Nifty50 was trading mixed supported by gains in realty, power, oil & gas, consumer durable, and capital goods stocks.

    Here's how RBI policy moved rate futures market

    The number of open interest contracts surged to 2,19,890 on February 6 from 1,53,299 six days earlier, an increase of 43%.

    Stick to short-term funds, experts advise investors

    Fund managers say debt investors should stick to ultra short-term or short-term funds.

    Stick to short-term funds, experts advise investors

    Fund managers say debt investors should stick to ultra short-term or short-term funds.

    We are done with rate hikes till December: Keki Mistry, HDFC

    “The growth that RBI is projecting is very much achievable.”

    RBI may hold rates till December, says Arvind Chari of Quantum Mutual Fund

    The MPC has delivered its second consecutive 25 bps rate hike. The repo rate now stands at 6.5 per cent.

    RBI ups the guard against future inflation shocks

    A slightly deficient monsoon shower could have a dampening effect on the economy.

    This could be the last rate hike for this calendar year: Shyam Srinivasan, Federal Bank

    "The rupee impact is not just linked only to the rate hike. There are too many variables "

    RBI hikes reflective of past inflation and potential future trajectory: Nilesh Shah, Kotak AMC

    “16 out of 21 PSU banks are not extending credit to all sets of clientele and others are sharing that burden."

    MPC member Ravindra Dholakia again dissents after a pause

    The June round of the Reserve Bank’s survey of households reported a further uptick of 20 basis points in inflation.

    RBI hiking rates in succession goes against its own stance: Abheek Barua, HDFC Bank

    “RBI is very keen to prevent rupee depreciation beyond a point”

    Q&A with RBI: We may be heading for a currency war

    Most of the projections made are against the backdrop of balanced risks.

    RBI bites the bullet, hikes repo rate by 25 bps for second time in a row

    Consumer prices rose to 5 per cent in June from 4.87 per cent in May.

    DBS focus: RBI views on liquidity; sees 25bp hike

    The bank sees a 25 bp hike accompanied by a neutral stance triggering a small uptick in the 10-year yields.

    How RBI's rate decision has become such a close call this time around

    In June, the repo rate, or the benchmark lending rate, was raised for the first time in over four years, by 25 basis points to 6.25 percent.

    Contrarian view: Six reasons why RBI may take a breather on rates

    Consumer prices rose 5 per cent in June after a 4.87 per cent increase in May

    RBI likely to go for 25 bps interest rate hike as inflation risks mount

    India’s consumer prices rose 5 per cent in June from a year earlier.

    Will RBI policy move currency and bond markets?

    A few illustrative words from RBI governor Raghuram Rajan could well trigger wild swings in the rupee-dollar exchange rate and bond yields.

    What debt mutual fund managers think about RBI policy

    The RBI has kept key policy rates unchanged in it's policy review. Debt mutual fund managers interpret the policy for you.

    RBI Policy: Invest in short-term debt mutual funds

    You should always pick up an investment option depending on your goal, investment horizon and risk profile. Experts typically ask investors to opt for debt mutual funds for their short-term goals.

    Rupee jumps 31 paise to 67.90 on eve of RBI policy review

    Hardening expectations for an interest rate cut by the apex bank in its Wednesday's policy meet to rejuvenate the sagging economy against the back drop of softening inflations supported the currency upmove.

    Banks await RBI policy before cutting rates

    Bankers say they will decide on reducing interest rate on deposits and advances after the RBI monetary policy early next month.

    Why RBI hiking repo rate may signal start of interest rate tightening cycle

    RBI has raised the key repo rate by 25 bps to 6.25%, signalling the start of a rate tightening cycle.

    We will eventually pass on the rate hike to consumers: Ramesh Iyer, M&M Financial

    "The cost increase will not falling only on financials. It gets distributed between the dealer, OEM and the financial as well. "

    Surprised by timing of the market recovery: Deepak Jasani, HDFC Securities

    "Logically a repo rate hike should have resulted in a selloff in the markets but the markets rose instead,"

    RBI could go for OMO in second half of FY19: Sonal Varma, Nomura Financial Advisory

    “If inflation goes up, RBI will hike rates again in August”

    25-50 bps hike in home loan rate may not be a deterrent for growth: R Varadarajan, Repco Home Finance

    “Raising eligibility for home loans under affordable housing to have a positive impact on cost of funds.”

    RBI confident about growth, expect a couple of more hikes in this cycle: R Sivakumar, Axis MF

    "Keeping the outlook neutral gives the central bank sufficient cover to go slow and wait for more data."

    Market Movers: Another home loan rate hike coming; terror risk to GDP and more

    A lowdown on top macro triggers that may move market on Thursday.

    Increase in priority sector lending limit likely to prop up affordable housing

    RBI's decision to increase the loan limits for priority sector lending (PSL) is expected to help first-time homebuyers avail higher amount of loans at better terms.

    Rate hike to increase cost pressure on exporters: EEPC India

    The paradox for exporters is that while the RBI has itself taken stock of headwinds like increase in trade protectionism & crude prices, the remedy is not as forthcoming.

    Between now and December, another 25 bps hike in rates possible: Keki Mistry, HDFC

    “If US raises rates faster and oil prices keep going higher, another hike can be expected.”

    Market has factored in a couple of more rate hikes: Nilesh Shah, Kotak AMC

    “If there are steps to comfort market that there will be adequate liquidity, debt market will take it positively.”

    Who's defaulting more on home loans? Those who borrow less than Rs 2 lakh

    The RBI conducted an analysis of housing loans data wherein it said the level of NPAs for the ticket size of up to Rs 2 lakh was high and "is rising briskly".

    Should you change your mutual fund investment strategy after RBI rate hike?

    Until now, most mutual fund advisors have been asking investors to stick to short-term debt mutual fund schemes and credit opportunity schemes.

    Full text: RBI explains why it hiked rates

    The Reserve Bank of India, in line with expectations, went for a rate hike.

    RBI hikes repo rate for the first time in Modi regime

    The monetary policy committee of the Reserve Bank unanimously votes for 25 bps repo hike.

    Traders can use iron condor strategy

    The maximum gain happens if Bank Nifty expires at 26,300 or at 26,200.

    A key indicator hints at high possibility of policy rate hike today

    If the central bank springs any ugly surprise, it is expected to push up yields.

    Why MPC is likely to keep repo rate unchanged in this review

    Some of the risks highlighted by MPC in the April policy review have come to the forefront.

    Money policy: Will RBI go for Shift Enter this time around?

    The RBI will have four key issues to contend with as it goes into the policy rate decision.

    How Urjit Patel has proved to be a silent yet effective communicator of RBI policies

    To be fair to Urjit Patel, one would argue that it is extremely difficult for anybody coming after someone like Rajan because of the IMF economist’s stature.

    Gold rises by nearly Rs 100 ahead of RBI policy meet

    The average trading price on the day stood at Rs 30,663.24 per 10 gm. The price of spot gold stood at Rs 30,940 per 10 gm, according to MCX data.

    Dalal Street glued to India-Pakistan events, RBI policy action

    “Markets could react negatively if there is no rate cut on Tuesday,” said Dharmesh Kant, head-retail research at Motilal Oswal Financial Services.

    The Economic Times