RBI comes out with another liquidity boost of 1.25L CR

RBI has sensed the slowdown & doing rate cuts as well as liquidity boost

This should enhance Credit Growth but with lag effect of 2-3 quarters

MARKET MOVES DURING EARLIER INDIA PAKISTAN CONFLICTS !

- Except during the Parliament attack in 2001, Indian equity markets did not correct more than 2% during periods of high tension with Pakistan.

- The average equity market correction across conflicts was 7%, with a median correction of 3%.

- Nifty 50 is unlikely to correct more than 5–10% , even in the event of a substantial escalation.

Source : Anand Rathi Research

KEY ECONOMIC DATA THIS WEEK

The Ministry of Home Affairs (MHA) has asked several states to conduct mock drills in for items for effective civil defence on 7th May

FEDERAL RESERVE SKIPS RATE CUT, KEEPS FED FUNDS RATE AT 4.50%