Indranil Sengupta, Chief Economist- India, BofAML
📌 Strong case for RBI to cut rates to support growth
📌 Expect inflation to jump back to 5-5.5 percent in June
📌 Growth remains weak and liquidity is tight
📌 Inflation impact of MSP hike to be marginal
📌 Markets to watch what RBI says on inflation peaking off
📌 Macro risks in bond markets are grossly overdone
📌 Expect GDP to grow at 7.5 percent in FY19