Monday, September 12, 2011

Key indices likely to retreat at opening

...When the RBI board members meet this week for a policy review, they will, perhaps, have an inflation figure close to 10 per cent, and a weakening fiscal position. Against this backdrop, Deutsche Bank thinks that the RBI will be inclined to deliver one more 25 basis points rate hike. It also predicts that there may be scope for a prolonged pause after this policy measure. ....

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