New Delhi, May 31 (IANS) The Reserve Bank of India (RBI) is likely to hold repo rate hike in its June monetary policy meeting and must use short-term rates and nudging to manage the pressure on the domestic currency, an SBI Research report said on Sunday.“Our call is along ‘hold the rates’ with a data-driven future dependency. However, an inflation targeting central bank can always use interest rate tools like operation twist that addresses market microstructure,” the report suggested.It…
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New Delhi, March 24 (IANS) A smart recovery is likely in Indian markets as the crude overhang wanes and price‑earnings (P/E) premiums contract, a report said on Tuesday.Emkay Global Financial Services, in its report, projected the Indian rupee to bounce back toward Rs 91 per US dollar and the 10‑year government bond yield to ease to about 6.65 per cent from 6.83 per cent currently, with normalisation taking two to three months.”The Nifty fell 5 per cent in the last three trading sessions, pr…