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Stocks to buy: HDFC Bank, SBI, Bajaj Finance among top stock picks by D-Street experts after RBI’s bold 50 bps rate cut

The Reserve Bank of India (RBI) on Friday took bold decisions in its second bi-monthly monetary policy of the current fiscal (FY26). The RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier. This is the central bank’s third consecutive repo…

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Stock Exchange 642896 1686045286206 1749187277368

RBI’s surprise 50 bps rate cut lifts markets, Sensex soars over 500 points, Nifty above 24,900

Indian benchmark indices Sensex and Nifty ended higher on June 6, reversing early losses after the Reserve Bank of India (RBI) surprised markets with a larger-than-expected 50 basis points repo rate cut in its June monetary policy review. The RBI-led Monetary Policy Committee (MPC), under Governor Sanjay Malhotra, also shifted the policy stance from ‘Accommodative’…

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