reserve Bank of India On Friday, the repo rate was reduced by 0.5 percent to 6.00 percent to 5.50 percent. The RBI took this big decision to control inflation under control and to speed up the economy. As soon as this decision of the RBI came, the Indian stock market started bounced. This morning at 11.54 am, the BSE Sensex was trading at 82,225.08 points with a strong rise of 783.04 points (0.96%). On the other hand, the Nifty 50 was also trading at 25,018.40 points with a big gain of 267.50 points (1.08%). After the RBI’s decision, DLF, Godrej Property, Oberoi Realty, Bajaj Finance, Bajaj Finserv, Axis Bank, Maruti Suzuki, Mahindra & Mahindra, HDFC Bank are seeing a stormy lead.
Which sector shares are showing the most impact
Real estate, bank and auto companies are witnessing a boom due to the reducing repo rate by the Reserve Bank of India. The Reserve Bank of India has retained the economic growth rate estimate for FY 2025-26 at 6.5 percent. In the current financial year, the estimate of retail inflation has been reduced from 4.0 percent to 3.7. That is, the Reserve Bank feels that in the current financial year, retail inflation will fall further, which will give a lot of relief to crores of people. Announcing the decisions of the meeting, RBI Governor Sanjay Malhotra said that despite India’s decline in net foreign investment (FDI), India remains an attractive destination for investment.
How the market started business today
Let us tell you that today the market started a flat in the red mark. On the last day of the week, the Sensex started trading at 81,434.24 points with a decline of 7.8 points and the Nifty started trading at 24,748.70 points with a loss of 2.2 points. But the decline continued to increase after the market opened. At one time, the Sensex was falling at 81,140.11 points. Similarly, the Nifty 50 also reached the intrade of 24,671.45 points today. However, after Sanjay Malhotra’s announcements, the market gained momentum and is currently trading with a good lead.
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