Key macro triggers for D-Street on Thursday

India Infoline News Service | Mumbai | August 03, 2017 08:50 IST

Here is a list of the key macro triggers that you should know before hitting D-Street on Thursday.

Here is a list of the key macro triggers that you should know before hitting D-Street on Thursday.
Ending subsidy on kerosene: The government has asked state oil companies to keep raising prices of subsidised kerosene by 25 paise every fortnight until the subsidy is eliminated, or until further orders. Cabinet’s decision would bring the commodity closer to the market price, which will eventually stop diversion for adulteration as well as encourage consumers to switch to LPG.
RBI policy outcome: RBI has cut repo rate by 25 basis points in its third bi-monthly monetary policy outcome on Wednesday, as widely anticipated by the market. Now, the repo rate stands at 6%. Consequently, the reverse repo rate under the LAF stands adjusted to 5.75%, and the marginal standing facility (MSF) rate and the Bank Rate to 6.25%.
Anti-dumping duty on Chinese radial tyres: The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended the imposition of anti-dumping duty on truck and bus radial (TBR) tyres imports from China in its final report. The report has been submitted to the Finance Ministry which will take the final decision and issue the notification.

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.



  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.