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Market move▼ Bearish for Indian equities
ETMarkets Smart Talk | Rate-cut cycle over, RBI may be at cusp of rate hikes; yields could inch higher: Puneet Pal
The brief
- Puneet Pal expects the rate-cut cycle to end, with policy rates rising 50-75 basis points by FY27
- Higher crude and sticky inflation underpin the outlook
- Higher rates and yields could pressure Indian banks, borrowers and rate-sensitive stocks
- Managing inflation risk
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RBI rate-hike expectations
Analysts expect the RBI’s rate-cut cycle to end, with forecasts including hikes in October and December and cumulative increases of 50–75 basis points by FY27. Nomura says markets are pricing 125 basis points of hikes over the next year.
Monday, 28 September
Sunday, 27 September
Saturday, 26 September
- ETMarkets Smart Talk | Rate-cut cycle over, RBI may be at cusp of rate hikes; yields could inch higher: Puneet Pal