What Is The Market Expecting From First RBI MPC Meeting Of FY24? Decoding The Trade Set-Up For Today |
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The Reserve Bank of India (RBI) is expected to hike the benchmark interest rate by 25 basis points in the bi-monthly monetary policy to be announced on April 6, under pressure to bring down retail inflation and keep pace with global peers.
Meanwhile, the Indian equity benchmarks are expected to open on a flat note today as trends in the SGX Nifty indicate a muted start for the broader index with a loss of 48 points after a robust end to the last trading session on Wednesday when Nifty ended 159 points higher at 17,557. SGX futures were at 17,589 levels. Prashant Nair, Nigel D'Souza, Lata Venkatesh & Sonia Shenoy decode the trade set-up for today. Listen in. #tradesetupfortoday #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday Read web story: https://www.cnbctv18.com/market/stocks/us-stocks-dip-yields-drop-on-latest-signs-of-slowing-economy-16342251.htm About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ n18oc_business |