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via business-standard.comEconomy

Kotak: Reserve Bank of India may hike rates by another 50-75 bps

FROM THE WIRE · BUSINESS-STANDARD.COM

Uday Kotak expects another 50-75 basis points of repo rate hikes and warns of prolonged Middle East risks, but sees Indian equities well placed to attract foreign investors.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishFurther RBI rate hikes weigh on bonds and liquidity, though Indian equities still look attractive to foreign investors.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Uday Kotak expects another 50-75 basis points of repo rate hikes.
  2. 02He warns of prolonged Middle East risks.
  3. 03He sees Indian equities well placed to attract foreign investors.

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