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Demonetisation impact unlikely to last long: Gaurang Shah

Interview with head investment strategist at Geojit BNP Paribas Frinancial Services

Aprajita Sharma  |  New Delhi 

Post the Reserve Bank of India (RBI)’s move on cash reserve ratio (CRR), the central bank is unlikely to cut interest rates in its next policy meeting in December, says Gaurang Shah, head investment strategist at Geojit BNP Paribas Financial Services in an interview with Aprajita Sharma. The markets are already factoring in a rate hike by the US Federal Reserve, he says. Edited excerpts:  What is your near-term outlook for the market? How will the benchmark indices perform in the remainder of 2016? Market could consolidate in the range of 8,020-8,050 on lower ...

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Demonetisation impact unlikely to last long: Gaurang Shah

Interview with head investment strategist at Geojit BNP Paribas Frinancial Services

Interview with head investment strategist at Geojit BNP Paribas Frinancial Services Post the Reserve Bank of India (RBI)’s move on cash reserve ratio (CRR), the central bank is unlikely to cut interest rates in its next policy meeting in December, says Gaurang Shah, head investment strategist at Geojit BNP Paribas Financial Services in an interview with Aprajita Sharma. The markets are already factoring in a rate hike by the US Federal Reserve, he says. Edited excerpts:  What is your near-term outlook for the market? How will the benchmark indices perform in the remainder of 2016? Market could consolidate in the range of 8,020-8,050 on lower ... image
Business Standard
177 22

Demonetisation impact unlikely to last long: Gaurang Shah

Interview with head investment strategist at Geojit BNP Paribas Frinancial Services

Post the Reserve Bank of India (RBI)’s move on cash reserve ratio (CRR), the central bank is unlikely to cut interest rates in its next policy meeting in December, says Gaurang Shah, head investment strategist at Geojit BNP Paribas Financial Services in an interview with Aprajita Sharma. The markets are already factoring in a rate hike by the US Federal Reserve, he says. Edited excerpts:  What is your near-term outlook for the market? How will the benchmark indices perform in the remainder of 2016? Market could consolidate in the range of 8,020-8,050 on lower ...

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Business Standard
177 22