Gaurav Pandey, CEO Burman GSC on the repo rate cut

"The 25 basis repo rate cut is a welcome and timely move by RBI. The central bank has not only been managing the inflation targets well, it is actually now calibrating the repo rate cuts judiciously. I think we could see upto a 50 basis to 75 basis cut in the repo rate in the next 6 to 9 months if inflation numbers continue to be where they are and fiscal consolidation is in track. For the real estate sector, if 'real' interest rates are down to these levels before Diwali, that could be a trigger point for demand, assuming economic growth numbers continue to accentuate in line to the expectations".

Source : Equity Bulls

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