RBI gives Nifty bulls a new lease of life. How top experts reacted to Das’ 4th rate hike
Sensex rallied over 700 points while Nifty reclaimed the coveted 17,000 mark as banks and financials led the bull charge. “The RBI gave a ‘Mai Hoon Na’ policy doing a fine tight rope walking between inflation, growth and stability. It is batting on a difficult pitch against hostile bowling,” Dalal Street veteran Nilesh Shah of Kotak Mutual Fund said.