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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…
Stock market today: Indian stocks ended with stellar gains during Friday’s trading session as the RBI’s double bonanza—a 50 basis point cut in the repo rate and a 100-basis point cut in the CRR—boosted expectations of improved credit demand and a recovery in domestic growth. The surprise move came just as Indian equities had lost…
Stock market today: On Friday, 119 stocks hit their 52-week high, including Abbott India Ltd, APL Apollo Tubes Ltd, AU Small Finance Bank Ltd, Bajaj Holdings & Investment Ltd, Bharat Electronics Ltd, HDFC Asset Management Company Ltd, HDFC Bank Ltd, Muthoot Finance Ltd, SBI Cards and Payment Services Ltd, Solar Industries India Ltd, and SRF…
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’…
New Delhi, RBI’s interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors and developments on the tariffs front would also guide investors’ sentiment, experts noted. “Looking ahead, all eyes will be…
The Reserve Bank of India (RBI) last week issued a circular introducing an overall cap, barring entities regulated by it from investing more than 15% in alternative investment funds (AIFs). In case of a ₹100 crore fund, banks, cooperative banks, financial institutions and non-bank financial companies (NBFCs) put together cannot invest more than ₹15 crore….