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Decoding Lok Sabha election results 2019: 6 reasons how the verdict became a pro-incumbency vote

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
VIDEOS
Currency

Expect to see some stability in rupee and bond markets, says HSBC India

Updated : October 08, 2018 10:22 AM IST

Manish Wadhawan of HSBC India is expecting to see some stability in rupee and bond markets going forward.

"We expect bond yield to stabilise between 8 percent and 8.15 percent in October-December quarter," he said.

Talking about RBI’s decision, Wadhawan said, “They have not hiked the rates but they have changed the stance. So it is not something that it has been a dovish policy so one has to take it with a pinch of salt and balanced view.”

“In my view the developments in the credit market of late must have also weighed on the Monetary Policy Committee (MPC) to take this kind of a decision. So that would be important to see how it pans out,” he added.
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