RBI to hike repo rate by 25 bps? These rate sensitive sectors will be in focus on Wednesday ↗
The RBI’s policy decision will keep banks, NBFCs, realty and auto stocks in focus, with the central bank widely expected to raise the repo rate by 25 bps to 5.50%. Markets will track its inflation outlook and future rate guidance, especially as elevated crude prices pose risks to inflation and the current account deficit.
2 sources
- The Economic Times Markets · 7 Oct, 08:53 IST
- The Economic Times Stocks · 7 Oct, 08:53 IST
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