Wednesday, August 1, 2018

RBI policy: Rate-sensitives trade mixed ahead of MPC meet outcome

RBI policy: Rate-sensitives trade mixed ahead of MPC meet outcome Sectors like banking, real estate and auto, among others, will be impacted the most from the rate hike as the cost of the products will be directly influenced due to increase in interest rate.

from Moneycontrol Market Outlook https://ift.tt/2OzO4n1

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...