The Reserve Bank of India kept its key rate unchanged at 5.25%, signaling confidence in the economic outlook after the government pledged to boost spending and secured a trade deal with the US. Still, Indian assets face competition from more attractive global markets, JPMorgan Head of India Equity Research Sanjay Mookim tells ‘Insight with Haslinda Amin.’ He also warns of risks from AI disruption in the IT sector, but pointed to financials, autos, and consumer stocks as areas of resilience.
(Source: Bloomberg)
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India Keeps Rates Steady: What It Means for Markets
