Expecting 25 bps rate hike on December 18: Prabhudas Lilladher's Ajay Bodke
Prabhudas Lilladher's head of investment strategy and advisory, Ajay Bodke, says he is expecting a 0.25 per cent rate hike in the coming RBI monetary policy. He also sees another one or two hikes after this one. Earnings growth will continue to remain strong and investors need to have a balanced portfolio, Mr Bodke adds.
