With the cut in repo rate, which will eventually lead to lowering down the lending rates by the banks and the Housing Finance Companies, it will make home loans more affordable, supporting homebuyers and strengthening the housing demand.
Stronger-than-expected economic growth has led to hardening of bond yields, leaving the market divided over the Reserve Bank of India's upcoming monetary policy decision, a report by Union Bank of India stated.
India's benchmark equity indices opened in the red on Thursday as investors stayed cautious amid the ongoing counting of votes for the politically crucial Bihar Assembly elections.
The domestic stock markets opened on a strong note today, gaining over 0.5 per cent, as exit polls indicated a comfortable majority for the ruling coalition in Bihar.
US senators on Sunday reached a bipartisan deal to reopen the government after a record 40-day shutdown. The agreement, backed by at least eight Senate Democrats, would fund the government through January 30 and include a vote on extending Affordable Care Act subsidies in December.
New Delhi [India], October 21: Every Diwali, along with the flickering of diyas and the festivities, the Indian stock market also gets its moment of 'light' through Muhurat Trading. The trading session, which mixes tradition and finance, is considered to be one of the most auspicious times t
India's auto industry is witnessing a significant surge in festive sales this Dhanteras, with major automakers like Maruti Suzuki, Tata Motors, and Hyundai Motor India reporting robust customer demand, bolstered by positive market sentiment and the impact of GST 2.0 reforms.
The share market opened on a cautious note on Friday as the Israel-Hamas peace deal talks began taking shape with U.S. President Donald Trump's 20-point Gaza Peace Plan.
The selling pressure returned to Indian markets on Thursday after a brief bounceback in the previous trading session, as persistent foreign investor outflows weighed on sentiments.