Worry not for RBI keeping status quo…

RBI Governor Patel preferred not to revise policy rates and since the markets expected it to be brought down it lost some points immediately after the announcement. At this stage I would suggest that you may not worry too much on that score; as the demonetization exercise is almost 80% complete, the normalcy should return fast and all sectors would pick up and will also strive to cover lost ground. The corporate tax rate is going to be lowered and should be seen as a big positive. Remain invested and add more of what you think is available at right price. You have already been given idea about the Nifty scrips, study and act.

2 thoughts on “Worry not for RBI keeping status quo…

  1. RBI Guv gives no commitment on when Indians can withdraw money without restrictictions. Neither limits nor dates being given!

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