Story preview
Continue reading on the publisher site for the full article.
Read on publisher →Zee Business
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
7
in the last 3 days
First reported
3 days ago
6 outlets since
Countries
6 other outlets reported this story in the last 3 days.
Rate-sensitive stocks are likely to remain in focus ahead of the RBI’s monetary policy decision, with the central bank widely expected to raise the repo rate by 25 basis points to 5.50% — the first hike since February 2023.
Equity benchmarks are likely to start Wednesdays session on a cautious note, with GIFT Nifty trading at 22,674 at 8:46 AM, down 125 points or 0.55%. The decision of the RBIs Monetary Policy Committee at 10 AM is the main event of the day, and the market is looking forward for a rate hike.
Stocks like Titan, HCL Tech, Adani Ports, Mphasis, Apollo Tyres, Ola Electric, Kanohar Electricals, ARCIL, Karamtara Engineering, JSW Cement and more will be in the spotlight on Wednesday, October 07.