Rbi cuts rates , markets down

Markets  know everything ..  After an initial pop the bank nifty and markets are down from day highs … A new RBI GOV who gave a rate cut at the worst possible time just before summer comes bringing along food inflation, has made pundits uncomfortable, that when data from govt body’s is very suspect , there is a leak of a draft stats report on poor job growth and there is deeper scrutiny at govts way of working and 2 resignations at govt data body and

there is an old song that i remember from such a situation

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