Markets live: Sensex falls 200 points, midcaps under pressure - News Summed Up

Markets live: Sensex falls 200 points, midcaps under pressure


RBI may cut rates again: Reuters pollThe RBI is expected to cut interest rates again next quarter, according to a Reuters poll of economists, with a slim majority forecasting policy easing to occur before the general election in May. A Reuters snap poll taken immediately after Thursday's policy review - where the RBI unexpectedly reduced interest rates by 25 basis points - showed the central bank will make the same move next quarter. That would take the RBI's repo rate to 6.00 percent, its lowest since the middle of last year.


Source: Mint February 08, 2019 03:52 UTC



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