The Hindu Business Line
Rate cut hopes: Will RBI be more benevolent?
The Reserve Bank’s Monetary Policy Committee will unveil the first policy statement for 2019-20 on Thursday. The broad expectation among market participants is a 25basis-point cut in the policy rate. In fact, some market participants are anticipating even a 50-bps cut. However, analysts’ focus will be on addressing the liquidity situation in the economy. Shares from ratesensitive sectors such as banking and finance, FMCG, automobiles and realty will remain in focus.