Weakness to continue till elections
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Weakness to continue till elections

23 Feb, 2011, 12:05 IST | Mumbai, India
Weakness to continue till elections

On the monetary policy front, a weak outlook and high volatility in the currency have curbed probability of rate cuts in spite of benign wholesale price index-based inflaion. It looks as if the markets and the country are waiting for elections to get over. Given the fact that politicians will get into a campaign mode, decision making will get stalled.