Persistent Systems Limited Share Price & Analysis

RBI intervenes to stabilize falling rupee value

*RBI intervenes to stabilize falling rupee value.* The central bank conducted another round of dollar-selling to support the Indian rupee, which had weakened to **₹83.50** against the USD. This marks the third intervention this month amid rising import bills and outflows from debt funds. Persistent pressure could lead to further active management of exchange rates. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #RBI

RBI forex move may delay rupee slide: Systematix

*RBI’s forex mobilisation may delay, not solve, rupee pressure: Systematix sees 6.5% slide* According to Systematix, the Reserve Bank’s forex measures could only postpone underlying rupee weakness. The firm forecasts a **6.5% depreciation** of the currency amid persistent outflows and widening current account deficit. Immediate policy adjustments may not suffice without structural reforms. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Rupee

RBI may accelerate liquidity withdrawal to enable rate hikes.

*RBI may accelerate liquidity withdrawal to enable rate hikes.* Traders expect faster withdrawal of surplus liquidity as a precursor to potential rate hikes. This shift signals a tightening monetary stance, with RBI aiming to normalize policy. Persistent inflation and global cues are key drivers. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #RBI

RBI minutes dampen rate cut expectations

*RBI minutes dampen rate cut expectations*. The Reserve Bank of India's latest policy meeting minutes signaled a cautious stance, reducing hopes for imminent rate cuts. Persistent inflation concerns kept the RBI from committing to a dovish shift, supporting the **Indian Rupee (INR)**. This could delay potential rate reductions until **Q4 2024**. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #RBI

Ind-Ra forecasts India's FY27 GDP at 6.8% despite El Nino, inflation

*India's FY27 growth seen at 6.8% amid El Nino, inflation: Ind-Ra* India Ratings and Research (Ind-Ra) projects GDP growth of **6.8%** for FY27, factoring in risks from El Nino and persistent inflation. The outlook reflects cautious optimism amid global headwinds and domestic monetary policy challenges. A stable trajectory hinges on monsoon performance and inflation containment. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #GDP

India CPI rises on food inflation, RBI likely holds repo rate

*India CPI rises on food inflation, RBI likely holds repo rate.* Inflation rose to **5.25%** in April, driven by higher food prices, particularly vegetables and cereals. Despite the uptick, the Reserve Bank of India is expected to maintain the repo rate at **5.25%** to balance growth and inflation concerns. Persistent food inflation could influence future monetary policy decisions. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Inflation

India's inflation at 4.45% raises RBI policy concerns

*India's inflation at 4.45% raises RBI policy concerns.* Persistent inflation above the RBI's **4% target** could delay rate cuts. Markets await MPC guidance on interest rates and rupee stability. A hawkish stance may strengthen the currency but hurt growth-sensitive sectors. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Inflation

July CPI inflation hits 19-month high at 4.45%

*July CPI inflation hits 19-month high at 4.45%*. Food prices drove the print, with **4.45%** year-on-year inflation, the highest since December 2022. Persistent food inflation could pressure RBI to maintain hawkish stance. This may impact rate-sensitive sectors like Realty and FMCG. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Inflation

Retail inflation rises to 4.45% in July 2026

*Retail inflation rises to 4.45% in July 2026*, according to NSO data, up from 4.10% in June. The rise is driven by higher food and fuel prices, with CPI inflation exceeding the RBI's upper tolerance band of 4%. This could pressure the MPC to maintain hawkish stance in the upcoming policy review. Persistent inflation may delay rate cuts, affecting bond yields and equity valuations. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Inflation

India's July CPI inflation jumps to 4.45% on rising food prices

*India's July CPI inflation rises to 4.45% as food prices accelerate.* The print is up from **3.94%** in June, driven by a sharp rise in food inflation to **6.11%**. This exceeds the RBI's upper tolerance band of 6%, increasing pressure for further rate hikes. Persistent inflation could impact future monetary policy decisions and bond yields. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Inflation