Thu, Apr 13, 2017
HDFC Securities said, "We have the results from Infosys in the morning. The markets have no great hopes from this tech bellwether. The industry is yearning for double digit growth and not getting it. To make matters worse, dollar is depreciating against the rupee."
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Wed, Apr 12, 2017
Indicating risk further over inflation, RBI surprised investors in its first monetary policy for FY18, by increasing reverse repo rate by 25 basis points to 6% from 5.75%. The central bank kept policy rate unchanged at 6.25%.
Motilal Oswal said, “Given minimal expectations from results, any posi- tive guidance, buyback can act as potential trig- gers for stock performance. Global markets are range bound. Banking financials, metals, select auto, and consumption could continue to see investment interest.”
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