A rate-cut by the RBI has widely been considered as a panacea for all things wrong with the Indian economy. So much so that after the recent 50 basis points-cut, a section of the business media referred to Raghuram Rajan as ‘Santa Claus’. Despite this largesse, not all analysts think that this monetary policy action is enough to turn bullish on rate-sensitive stocks. Auto and realty are facing headwinds due to weak demand. For the first five months of FY16, India’s auto sales posted an…
Why Rate-Sensitive Stocks Aren't Attractive Yet?
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