Key Points
MUMBAI: Indian shares logged gains for a second consecutive week on Thursday, aided by real estate and financials stocks, after the Reserve Bank of India, in a surprising decision, kept its key policy rate unchanged...
ended 0.24% higher at 17,599.15 and the S&P BSE Sensex rose 0.24% at 59,832.97, following a shaky start ahead of the..
"The RBI MPC (monetary policy committee) surprised with a pause," said Radhika Rao, senior economist, DBS Bank, Singapore and emphasised that the central bank will be "nimble to address evolving inflationary risks" going forward...
RBI's decision to pause its rate hike is "indeed good for residential real estate market", according to Anuj Puri, Chairman of ANAROCK Group...
But some analysts remained cautious.. "Although prices have moderated from 2022 levels, it will be important for RBI to monitor inflation and the banking sector turmoil," said..
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