Stock Market Today: Sensex Ends 429 Points Lower, Nifty Slips 173 After RBI Rate Hike
Sensex ended 429 points lower and Nifty 173 points lower after the RBI raised the repo rate to 5.5% and shifted to calibrated tightening.
RBI Holds Repo Rate At 5.5%; Maintains Neutral Stance As Food Prices Remain Volatile
RBI has kept the repo rate steady at 5.5% and maintained its neutral stance, Governor Sanjay Malhotra announced Wednesday.
RBI Repo Rate Cut To Boost Demand In Auto And Real Estate Sectors
The Reserve Bank of India’s (RBI) decision to reduce the repo rate by 25 basis points is expected to provide a significant boost to sectors sensitive to interest rates.
Deloitte Revises India’s GDP Growth Forecast To 6.5-6.8% For 2024-25
Deloitte India has revised its 2024-25 GDP growth projection to 6.5-6.8%, citing global trade and investment uncertainties.
