Could cooling November inflation cement RBI’s rate cut decision? Firstcry, CEAT in focus
Cooling inflation in November could pave the way for the Reserve Bank of India (RBI) to finally implement a rate cut. This follows months of inflationary concerns that led to an aggressive monetary policy stance. With food inflation easing and core inflation also showing signs of stabilization, analysts believe a rate cut in December is likely. The RBI’s decision will be influenced by this new inflation data, potentially boosting market sentiment and benefiting stocks like Firstcry and CEAT, which are closely tied to consumer spending trends
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