Daily Voice | More capital drain on cards, expect 15% more correction, says R Venkataraman of IIFL Securities

Monetary policy looks likely to tighten more rapidly than the market can take, and this will be amplified by liquidity contraction through reserve ratio increases / central bank balance sheet run offs.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-more-capital-draincards-expect-15-more-correction-says-r-venkataramaniifl-securities_16512121.html