RBI Credit Policy: Tomorrow at 10 am, RBI will announce its monetary policy. This will be the first credit policy of the new RBI Governor Sanjay Malhotra. Due to which the interest rates are expected to be cut after 5 years. The Economists, Bankers and Industry Leaders involved in the voice MPC also believe that this time the RBI can get a cheap debt gift. If this happens, which sectors and shares will benefit and who will be harmed. Two veteran brokements have released their report on this. But the first people know what is the opinion of the voice included in the MPC.
Economic Economists, Bankers and Industry Leaders involved in MPC believe that RBI may cut interest rates by 0.25 per cent. Also, this time the focus of RBI can be on growth rather than inflation.
The leaders involved in the voice MPC believe that the target of financial deficit in the budget will be helpful for the RBI. At the same time, experts also say that the decline in rupee will not be a big concern for RBI.
Which sector and shares will be seen in boom
Brokerage firm Morgan Stanley says that the reduction in interest rates will benefit lenders with higher fixed rates. Unsecured lenders, vehicle-gold finance companies will benefit from this. However, Morgan Stanley believes that the rate cut may cause damage to housing finance companies. The rate cut may have negative effects on LIC Housing Finance.
According to Morgan Stanley, the rate cut M & M Financial and SBI Cards May be Morgan Stanley before the policy PNB HSG Fin, Shriram Fin
Bajaj Fin, Home First Fin and Aptus Like overweight on shares.
At the same time, another veteran brokerage firm HSBC says that liquidity, regulation and policy direction are important. Liquidity and regulation will be soft positive. According to the brokerage firm, NBFCs will get the most benefit from the rate cut. Large and diversified NBFCs can benefit the most. However, public sector banks are not expected to benefit much.
HSBC in NBFCS sector Chola Investment, Shriram Finance and M & M Financial Services Has included in its top pics. At the same time, HSBC believes that the rate cut is the most profitable Indusind Bank, Equitas Small Fin Bank and Ujjivan Small Fin Bank Will be seen getting
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