Asset managers are optimistic about Indian banking and consumption stocks. They anticipate gains from the Reserve Bank of India’s rate cuts. These cuts are expected to boost bank profits and consumer spending. BlackRock and Aberdeen are adjusting portfolios accordingly. The RBI’s actions aim to stimulate economic growth. Experts believe these measures will positively impact the market in the coming months.
Fund managers bet on bank, consumer stocks after RBI’s rate cuts
by ET Markets | July 8, 2025 10:06 am | Indian Stocks, Market, News