1 week Ago By Moneycontrol
business Live: Markets Eye RBI Policy Amid Tariff Turmoil; 25 Bps Interest Rate Cut Likely| Opening Bell Indian market is bracing for a gap down start after a day’s reprieve. Asia-Pacific markets fell as investors brace themselves for US President Donald Trump’s country-specific tariffs that are set to come into effect midnight stateside. Wall Street saw a sharp reversal from session highs to end in the red.
The GIFT Nifty is signalling a gap down start as well.Meanwhile, RBI is expected to cut the repo rate by 25 basis points today. Street expects the central bank to strike a dovish tone as tariffs could be treated as an additional headwind for financial markets.
Catch Nandita Khemka in conversation with Vaishali Parekh, Vice President -Technical Research, Prabhudas Lilladher and Siddhartha Khemka, Head of Retail Research, Wealth Management, MOFSL. first published: Apr 9, 2025 08:44 am.
