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As far as the decision of the MPC to continue with the accommodative stance is concerned, Varma said it would not be wise for the MPC to persist with language that is pedantically correct but falls short in communicative efficacy ..

Not clear why MPC chose 40 bps hike, thankful they didn't go for 37.5 bps, says member Jayanth Varma


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Name Price Change % Chg
Ntpc 148.50 -2.00 -1.33
Sbi 458.00 -9.30 -1.99
Indiabulls Hsg 122.10 2.05 1.71
Nhpc 32.05 -0.85 -2.58

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