Explained: How RBI policy meeting outcome may impact your portfolio
RBI policy meeting outcome is going to have positive impact on Indian bond yield, believe investment experts
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RBI policy meeting outcome is going to have positive impact on Indian bond yield, believe investment experts
Interest-rate sensitive banking, finance, realty and auto stocks climbed after the RBI decided to hold rates.
The RBI also hit the pause button and decided to keep the key benchmark policy rate at 6.5% even as inflation is trending above its tolerance level.
Experts believe that RBI has pressed the pause button on the repo rate hikes and it is a positive sign for the banking, NBFC, real estate and infrastructure sectors.
Market watchers hold mixed views on the sector ahead of Q4 results. IT major Tata Consultancy Services will announce its results on April 12, while Infosys and HCL Technologies will declare their financial results on April 13 and April 20, respectively.