This does not rule out the possibility of another 25 basis point hike since food inflation is unlikely to fall

Nervous investors continued to book profits in Indian markets as concerns of US economy slipping back in double-dip recession. ET Now spoke...

Markets are in wait-andwatch mode, waiting for some cues. In the short-term, they are expected to move in a narrow range.

Market is expected to witness stability before further direction. It would be advisable to accumulate quality large caps in 5200-5350 zone.

Market observers feel the 25 basis points hike by the apex bank is on expected lines and was discounted by the market.