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For retail investors, this is a great time to invest in fixed-income products and they can continue to enjoy and lock in high yields now across various products such as government bonds, corporate bonds, and fixed deposit (FD) instruments, says ...
RBI MPC Meet: Among rate-sensitive stocks, realty was the top performer, while automobiles slipped
Equity markets were cautious but unfazed by RBI MPC decision to keep repo rate unchanged for the 7th time in a row, with an unwavering focus on containing inflation. Robust economic outlook, improving consumption and investment may support markets, albeit with caution over inflation, said experts.
The market response to the RBI policy was muted as investors shift focus to global developments like the evolving likelihood of a US Federal Reserve rate cut in June and fluctuations in commodity prices.
Given the prospect of rates staying higher for longer, equity strategists expect markets to remain rangebound in the near term