RBI has not changed repo-rate in its bi-monthly policy review. Markets were expecting 25 basis points rate cut but now the expectations have been delayed by two months.
Indian economy has been going through tough times. While the exports have remained strong in the recent quarters, domestic consumption has taken a hit.
Stock Market veteran Ramesh Damani is optimistic about Indian stocks and thinks that PSU sector, Quick Service Restaurants, Defence and Railway stocks could surprise investors with good returns ove