Sundeep Jagasia, Managing Director Shree Krishna Group shares views post RBI monetary policy
Looking at the market dynamics, we were projecting the RBI to cut down the key policy rates. A rate cut could have been ideal as we are moving towards strong policy changes at the national level which will leave long term effects on the realty sector and its allied industries. The previous repo rate reductions by the apex bank are yet to offer the complete results; that is held by the banks. We hope that future rate cuts happen soon, thereby creating a wave of positive sentiments in the market.