........ People are expecting 9% or thereabouts, a good improvement compared to last month. That sets tongues wagging whether the Indian Central Bank would follow suit of other emerging markets in either CRR cut or rate cuts. The RBI would be thinking twice before doing that because of the ugly rupee number. But today, even if the RBI adopts a soft stance, that would be okay for the market because in terms of liquidity, the Indian markets are one of the most liquid markets...............
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