Indian Stocks End Three-Day Rally as Rajan Holds Interest Rates

  • RBI move forecast by 27 of 29 economist in Bloomberg survey
  • Drop ‘normal’ after liquidity-driven rally: Kotak Old Mutual

Rajan Holds Rates Steady in Final RBI Policy Review

Indian stocks declined after central bank Governor Raghuram Rajan left interest rates unchanged at his last policy call and investor concern about high valuations resurfaced. 

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