Skip to main content

Election manoeuvres, hawkish RBI, Q1 Outlook

The surge in the Sensex this week - to a fresh record high today - following the announcement of the BJP’s victories in three state elections is perhaps an indication that investors are confident that next year’s general election will deliver another stable government that can push ahead with crucial structural reforms. Meanwhile, the RBI continued to strike a hawkish tone in today's policy announcement and we doubt monetary easing will come onto the agenda until the second half of next year.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access