External broker reports(aggregated public sources), Axis Direct

Axis Direct

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External broker reports(aggregated public sources)

Reserve Bank of India’s Balancing Act Begins

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Cross Asset Strategy

<ul><li>The status quo on rates along with the regulator maintaining its ‘Neutral’ stance was on expected lines.</li><li>With the recent GDP print undershooting the RBI’s expectations sharply, a downward revision to the GDP growth forecast was imminent.</li><li>As a result, the GDP growth forecast was revised downwards to 6.6% for FY25 vs 7.2.% previously. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The status quo on rates along with the regulator maintaining its ‘Neutral’ stance was on expected lines.With the recent GDP print undershooting the RBI’s expectations sharply, a downward revision to the GDP growth forecast was imminent.As a result, the GDP growth forecast was revised downwards to 6.6% for FY25 vs 7.2.% previously. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

RBI Monetary Policy – December’24 - 6 December 2024