Pulse of the Street: Eight-week slide puts RBI, earnings in focus
RBI is in focus in a quarterly results development.
· LiveMint Markets
Selling by foreign portfolio investors and elevated yields outweigh relief from softer crude prices. The coming RBI policy review and earnings season will test how much bad news equities have priced in.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Why it matters
- Sustained FII or DII direction moves the whole market, not just the names being bought — it sets the tape's tone.
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
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