Rate Cut Fails to Awe India Stocks as RBI Cuts Growth Forecast
Shaktikanta Das, governor of the Reserve Bank of India (RBI), speaks during a news conference in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Rate Cut Fails to Awe India Stocks as RBI Cuts Growth Forecast

(Bloomberg) -- So much for the Reserve Bank of India surprising markets with a bigger-than-expected interest rate cut.