BANKS, AUTO, REALTY

In two weeks (ahead of RBI policy), Bankex gained 8.44% on rate cut hopes; Auto Index rose 6% and Realty 4.5%; Capital Goods Index shot up 11.4% while Sensex rallied 6%

Market experts feel the RBI may cut repo rate and CRR by 25 basis points each at mid-quarter monetary policy review on June 18 (Monday), to revive sluggish economic growth

SBI cut lending rates by 50-350 basis points across categories on Friday