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RBI Policy

18 Dec 2013

RBI December 2013 Policy Review – Positive surprise and if Fed is a non event, record highs on Sensex and Nifty and sharprise in Rupee is well on cards

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The whole market was expecting a 25 bps repo rate hike by the RBI in its policy review today but was (un) pleasantly surprised when the central bank refrained from a rate hike.

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Arjun Parthasarathy
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