Markets likely to consolidate on Friday ahead of RBI's monetary policy decision due later in the day. Overnight, US stocks closed higher with decent gains. Asian peers edge lower, Gift Nifty indicates a flat Start and RBI Monetary Policy Would Set The Tone for the markets. The RBI in its last review before Budget 2024 is expected to go for status quo at a time when concerns over high interest rates impacting economic growth have tapered with Q2GDP growth coming in at a robust 7.6%. In today’s session, stocks that will continue to be in focus will be sugar stocks after the previous few sessions’ sell-off, followed by IRCON, Titagarh Rail, IIFL Securities, Five Star Business Finance amongst others. Catch Moneycontrol's Nickey Mirchandani with Aamar Deo Singh Sr. Vice President Angelone and Rahul Arora, CEO, Nirmal Bang.
first published: Dec 8, 2023 09:34 am
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