RBI MPC meeting: Experts are bullish on these top 10 rate-sensitive stocks after central bank cuts CRR

The Reserve Bank of India on December 6 has slashed cash reserve ratio (CRR) by 50 bps, which was on expected lines, leading to infusion of Rs 1.16 lakh crore into the banking system, but the central bank's Monetary Policy Committee (MPC) has decided with a majority vote (4:2) to maintain repo rate at 6.5 percent, for the 11th consecutive meeting (i.e. since February 2023) on December 6 while continuing with the neutral monetary policy stance. Read more

Take a look at these key events

Today
Maharashtra MLAs likely to take oath at special assembly session
German car maker MINI to host one-of-a kind-event called MINI United in Bangalore
Student-farmer rally in Mangaluru to promote agriculture awareness
Tomorrow
Farmers Unions to resume march
Bangladesh vs India U19 Asia Cup Final
EAM Jaishankar to visit Qatar, Bahrain
Defence Minister Rajnath Singh to visit Russia
Amit Shah to visit Jodhpur, unveil Vallabhbhai Patel's statue

RBI cuts CRR by 50 bps to 4%, repo rate unchanged, stance remains 'neutral'

The Reserve Bank of India’s Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 6.5 percent on December 6. Read more

RBI holds repo rate again. Here’s what fixed-income investors should do

Experts say CRR cut is a positive move and recommend an increase in exposure to long-duration bonds to take advantage of the potential capital appreciation, as bond prices rise with falling yields Read more

Tecno Phantom V Fold 2 and Phantom V Flip 2 launched in India: Price, specifications, and more

Chinese smartphone maker Tecno has introduced the Phantom V2 series in India. It consists of the Tecno Phantom V Fold 2 5G and the Phantom V Flip 2 5G. These are the second-generation foldable devices from the company and have been introduced at attractive prices, making them the most affordable foldable smartphones in India. Read more

Mahindra to hike vehicle prices by up to 3% from January

Mahindra & Mahindra on Friday said it will hike prices of its SUVs and commercial vehicles by up to 3 per cent from January next year. Read more

Woman makes over Rs 5 crore from side hustle she launched in 2022, gives it 40 hours a week

When Alexandra Rutkay, a New York-based makeup artist, reached a parenting milestone — her son turning 18 months old — she was eager to swap her utilitarian diaper bag for her long-neglected designer purses. But during a family dinner outing in August 2021, the practical demands of parenting clashed with her fashion aspirations. Read more