What are the implications of RBI's rate increase on stock markets

Globally inflation has been persistent and central banks have been on a rate hiking spree. India is no different and we have had three rounds of increases in policy rates in three months. The central bank rate in India is now higher than what it was pre-covid. Are markets trading cheaper or more expensive versus pre-covid times? How will these rate increases impact corporate earnings and market valuations?  Listen in to find out. --- Send in a voice message: https://podcasters.spotify.com/pod/show/business-line/message