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Economy

Brokerages further reduce India's GDP forecast, expect more repo rate cuts

Updated : November 13, 2019 09:07 AM IST

Morgan Stanley believes GDP growth will likely remain slow in Q2 at around 5-5.2 percent.
Kotak revised down India's FY20 GDP growth estimate by 80 bps to 5 percent.
Citi also expects that the Q2 GDP growth will decline to 4.9 percent.
Brokerages further reduce India's GDP forecast, expect more repo rate cuts

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