The main challenge before the market is the poor performance of the monsoon, till now, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.Currently, 29 of the 36 IMD subdivisions have reported deficient rainfall. .
A poor monsoon may just play party pooper to a buoyant market-June 18 easternmirrornagaland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from easternmirrornagaland.com Daily Mail and Mail on Sunday newspapers.
Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect.