Key Points
New Delhi [India], October 6 (ANI): Indian stock indices extended gains from the previous session, with financial market participants closely monitoring the outcome and the policy stance of the central bank RBI to be announced at 10 am Friday, for fresh cues...
The stock market, after experiencing downs throughout the week, managed to achieve green on Thursday, maintaining its positive momentum and ending on a high note..
RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators...
With sticky retail inflation breaching the MPCs upper threshold of 6 per cent and the US Feds persisting hawkish stance, the RBI is most likely to retain the repo rate unchanged for the fourth time...
Barring the latest third straight pause, the RBI raised the repo rate by 250 basis points cumulatively to 6.5 per cent since May 2022 in the fight against inflation..
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