Expect 100 bps repo rate cut; 50 bps CRR cut: UBS Securities
Gautam Chhaochharia, Executive Director and Head of India Mid Cap research at UBS Securities says that market sentiment is improving and volumes are picking up. He expected repo rate cuts of 100 bps in 2012 and sees another possibility of 50 bps CRR cut as real interest rates are now in positive territory.
