Monetary policy review - Amrapali Aadya

Mr. Abnish Kumar Sudhanshu, Director & Research Head, Amrapali Aadya Trading & Investments:

Reading RBI credit policy we could see it is readying for a rate cut in next policy meet on August. On its own estimate inflation is projected at 2-3.5 % in H1 of this FY. Though it is continue to hold its neutral stance but it can change its stance to accommodative one if inflation remains on the projected path.

Among the sector Housing Finance is clear beneficiary of the latest RBI move on risk weighted assets and that will be a boost to the realty and building material sector.

Source : Equity Bulls

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