#938 Why Indian Markets Are Holding Steady
Summary
Host Govind Rajaniraj discusses steady Indian markets, the US-Japan yen intervention, and the RBI’s upcoming policy meeting. He analyzes falling oil prices, NRI deposit inflows, and slowing manufacturing growth. Chief Economist Madhvi Arora predicts a status quo on rates, citing improved global dynamics and stable inflation expectations despite geopolitical risks.
Topics discussed
Introduction and top stories overview
Middle East conflict de-escalation and oil prices
Indian markets rally and new closing auction system
Rupee stability amid dollar demand and oil fall
US-Japan joint intervention to prop up the yen
US Treasury yields and Fed rate hike expectations
India manufacturing PMI slows to five-year low
Break and event promotion
NRI deposit inflows and leading banks
Interview on RBI policy, inflation, and growth outlook
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