FIIs may not be so keen to enter as the US Fed briefing is expected by late evening IST. Earnings of corporates abroad have been good for FIIs to redeploy.
The role of the corporates in possible money laundering blacklists seeks invitation of regulatory action. Even if delayed , justice may catch up. The speculative urges on big names which are on rumor rounds may hold back to caution.
India's banks NPAs seem to worry a bit, if European stress tests are a standard to go by.
The RBI is still waiting for an interest rate signal The RBI acts more like the German Bundesbank than the Fed in its obsession with inflation stance. Good for disinflation; not so good for growth.
The role of the corporates in possible money laundering blacklists seeks invitation of regulatory action. Even if delayed , justice may catch up. The speculative urges on big names which are on rumor rounds may hold back to caution.
India's banks NPAs seem to worry a bit, if European stress tests are a standard to go by.
The RBI is still waiting for an interest rate signal The RBI acts more like the German Bundesbank than the Fed in its obsession with inflation stance. Good for disinflation; not so good for growth.
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