EDITORIALMARKET VOLATILITY, CRUDE SHOCK AND MONETARY TIGHTENING
A healthy economy, a falling market and the RBI's real choice
The Sensex fell 1.08% on Wednesday with volatility, measured by the India VIX, rising nearly 7%, even as India's underlying growth numbers remain healthy - a decoupling between market sentiment and domestic fundamentals. The RBI's Monetary Policy Committee meets early next month and market expectations are already shifting toward tightening, making this editorial's question directly relevant to the policy decision markets…
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