Indian stock markets ended a two-day streak as RBI raised the repo rate by 25 basis points to 5.5%, causing the Nifty 50 to drop 0.76% and the Sensex to decline 0.59%. The rupee hit a five-month low, while bond yields rose post-announcement.
Indian stock markets ended a two-day streak as RBI raised the repo rate by 25 basis points to 5.5%, causing the Nifty 50 to drop 0.76% and the Sensex to decline 0.59%. The rupee hit a five-month low, while bond yields rose post-announcement.
<iframe src="https://hindustansphere.com/embed/cluster/8d2e3bb51a75552d990aa67b9190eb0aa8b6b581" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Top 2 stocks to buy for short-term: Bank of Maharashtra, Usha Martin by Nagaraj Shetti - Check stop loss, targets"></iframe>
