5 deeper stress signals for Nifty investors even as RBI cuts rates on 'Goldilocks' phase
The combination is one of the strongest easing signals in recent years, coming at a time when the Nifty is trading near record highs but struggling for conviction.The RBI governor, on his part, said the Indian economy has witnessed rapid disinflation, with inflation coming down to an unprecedentedly low level and acceleration in real GDP growth presents a rare goldilocks period.The repo rate cut provides a further counter-cyclical push to consumption and growth, according to Sakshi Gupta, Principal Economi ...