great news!!!!most economists forecast a quarter percentage point rate cut decision by the monetary policy committee (mpc) that will be read out by governor urjit patel, but even a 50 basis points cut in the key lending rate of rbi repo, at which the central bank lends short-term funds to banks
about 1 hr 52 min 18 sec ago
provisions of the budget and could increase fiscal deficit also. also since these cmbs carry less interest than other bonds, banks would not make any profit becoz 4% interest is paid to savings deposits and 2.5% extra is needed to cover operational costs. next week rbi rate cuts on repo and reverse repo may
10.05 AM Dec 3rd
Today`s circuit limit is at 55.95 on BSE and 56 on NSE, if stock hits circuit, tomorrow will be a crucial as close above 56.10 will set stock to hit new highs soon. Its very much expected that stock continue to rise from here on expectation of repo rate cut by RBI on its review meeting on 7th Dec.
10.28 AM Dec 1st
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