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Why a 50 bps rate hike next week could turn positive for market
“In the market there are bears along with bulls; there are people who go short as well. Bears should also get time to celebrate and make money. Coming back, it is more of a factor that the global sell off has come in after the US Fed decision. The RBI’s credit policy is next week and hopefully, the interest rate hike should be on the expected lines, says Kunj Bansal.”