Market Guide for India Winners as Steepest Asia Hikes Seen
- Kotak Asset Management prefer sovereign over corporate paper
- Pick stocks that can pass on increase in input costs: InCred
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A hawkish pivot by the Indian central bank has money managers scurrying to find safer bets while bracing for potentially the steepest rate hikes in Asia.
The dilemma faced by Indian investors as they try to gauge the impact of the rate hike cycle isn’t different from what their global peers face while trying to predict the fallout from the most aggressive Federal Reserve tightening in decades. RBI may start raising rates as soon as next month.