An unexpected increase in inflation will likely to be seen after the Reserve Bank of India planning to raise interest rates for the third time in four months which ultimately can affect the stock index of 18 th 2013.
As of today it is already low from last five days we can expect it to be slashing bit more down by the announcement of repo rate increase up to 8% which will be expected till September 2014. After then RBI can think of lowering the rate slightly but not as of now. It can also be said that rate hikes are 25 basis point .
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