Tag: Monetary Policy

Daily Market Highlights OCT 6th

Previous Day Market Update  Sensex closed at 59,744.88 Up by  445.56 points Nifty closed at  17,822.30 Up by 131.05 points Moody’s has raised India’s sovereign rating outlook from “Negative” to “Stable”. However, the overall rating has been kept static at Baa3, which is one notch above the Speculative Grade. This change in outlook was driven by a

Triggers Weekly

Trigger for the Week How will it impact? Final verdict on interest on interest is expected from SC on 13-Oct It took a curious turn last week after RBI told SC that any EMI waiver beyond 6 months would be credit negative The lag effect of the monetary policy is likely to linger this week