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Indian stock markets started the week on a strong note, opening higher on Monday as investor confidence got a boost from the recent jumbo rate cut announced by the Reserve Bank of India (RBI).
Bank of Baroda (Bank), one of India's leading public sector banks, has announced the reduction in its Repo Linked Lending Rate by 50 basis points following the policy rate cut announced by the Reserve Bank of India.
"Livestock fairs will be organised at the divisional level and in 11 districts to promote animal husbandry. Brazilian Gir cattle semen, which can yield 40-50 litres of milk per day, will be made available to breeders in Rajasthan at subsidised rates," said Joraram Kumat, Minister for Devasth
Delhi NCR [India], June 7: At a time of global economic uncertainty, the RBI has delivered a decisive signal with a 50 basis point cut in the repo rate, bringing it down to 5.5%. This marks the third consecutive reduction, underscoring the RBI's commitment to stimulate domestic demand, ease
New Delhi [India], June 7: The Reserve Bank of India's Monetary Policy Committee (MPC) has taken a decisive step to revive economic momentum by slashing the repo rate by 50 basis points, bringing it down to 5.5%, while also reducing the Cash Reserve Ratio (CRR) by 100 bps. These moves, combi
Foreign Portfolio Investors (FPIs) began the first week of June on a weak note in the Indian stock market, with net investments staying in the negative territory.
Fast-moving consumer goods (FMCG) companies reported a muted performance in the fourth quarter of FY25 due to continued weakness in the urban market, according to a report by Axis Securities.
Sectors such as banking, NBFCs, real estate, and automobiles are expected to be the key beneficiaries of the current easing interest rate environment, according to a report by Nexedge Research.
The recent policy actions by the Reserve Bank of India (RBI) appear to mark the end of the current interest rate cutting cycle, according to a report by Union Bank of India.
Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI).
The Indian stock indices ended on a strong note and surged after the larger-than-expected policy rate cut, reflecting elevated optimism among the market participants on the last trading day of the week.