Kotak Investment Advisors Limited | Policy quote by Lakshmi Iyer – 08th Feb 2023

Policy quote by “Lakshmi Iyer, CEO-Investment Advisory, Kotak
Investment Advisors Limited said, “The rate hike was in line with
expectations. However, markets were expecting an explicit statement suggesting a
pause which has not happened. This suggests the tug-of war-between growth and
inflation continues. While chances of pause still remain, the uncertainty may
persist. Expect range bound yield movement till then – oscillating between
global data and domestic cues.”