There were quite a few triggers yesterday. First, the inflation numbers sort of cemented hopes of an interest rate cut from the Reserve Bank of India (RBI) on the January 29. Now, it is no longer a discussion on the street on whether it will move. What is being discussed is whether it will be 25 bps or 50 bps. So, I think that’s one part of the story, though the consumer price index (CPI) numbers...
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