What To Expect Ahead Of Potential Interest Rate Cuts? HDFC Securities View

In an exclusive interview with Riddhima Bhatnagar, Senior Correspondent, Business Today, Dhiraj Relli, MD & CEO, HDFC Securities tells us what Indian markets can expect ahead of RBI rate cuts. It is speculated that post US rate cuts, India is likely to follow the cycle and announce rate cuts in the coming time, though some experts believe it may take a little longer. Relli also talks about which sectors are likely to benefit from rate cuts and which can have a negative impact if rates soften. He also tells as companies’ capacity utilisation nears 80% capital expenditure is set to pick up in the coming time. Secondly, he also talks about the effect geopolitical risks which till now haven’t disrupted the oil trade but this situation will have to be watched. Another thing to note is the China stimulus and due to high consumption it can bring about changes in the commodities markets on the whole.