RBI Rate Cut Boosts Indian Stocks

  Published 10 months ago

Indian shares rebounded Friday after the RBI unexpectedly cut its repo rate by 50 bps and the CRR by 100 bps, shifting to a neutral policy stance. This spurred gains across sectors, particularly realty, auto, and financials, driven by easing inflation and strong growth.

  • RBI cut repo rate by 50 bps.
  • CRR reduced by 100 basis points.
  • Realty & financials led the gains.

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