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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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...