Buzzing stocks post RBI rate cut
DSIJ Intelligence / 04 Oct 2016
RBI rate cut was cheered by the interest sensitive stocks and sectors. Reserve Bank didn’t go with the consensus view of the central bank maintaining status quo in Patel’s first policy, however bucking the trend the MPC (monetary policy committee) went all out with a rate cut with all the members in favour of a cut in repo rates.
RBI rate cut was cheered by the interest sensitive stocks and sectors. Reserve Bank didn’t go with the consensus view of the central bank maintaining status quo in Patel’s first policy, however bucking the trend the MPC (monetary policy committee) went all out with a rate cut with all the members in favour of a cut in repo rates.
Post policy there were a wide range of interest sensitive stocks which saw a spike in trade soon after the announcement.
Below are the stocks buzzing in trade: SBI, ICICI Bank, Tata Motors, Maruti Suzuki, Hero MotoCorp all were trading up in the range of 0.2 to 2 per cent.
Housing related stocks were all buzzing with the likes of DLF, IndiaBulls Housing and LIC Housing being gainers amongst them.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.