Rate-sensitive sectors soar as RBI shifts policy stance; realty pack leads with 2% gain, banks & auto jump 1% each | Stock Market News

Rate-sensitive sectors soar as RBI shifts policy stance; realty pack leads with 2% gain, banks & auto jump 1% each | Stock Market News

Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…

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Sensex, Nifty hit record highs! How should investors navigate an expensive market? Expert Insights | Stock Market News

Sensex, Nifty hit record highs! How should investors navigate an expensive market? Expert Insights | Stock Market News

Source: Live Mint Indian markets scaled a fresh all-time high for the sixth consecutive session on Thursday, September 26, driven by positive global sentiment and robust domestic inflows. During today’s intra-day trading, the Nifty climbed 84 points to hit a new peak of 26,087, while the Sensex surged 293 points to a record high of…

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HSBC upgrades IIFL Finance to ‘hold’ from ‘reduce’ post-RBI move, raises target price to  ₹540, sees 8% upside | Stock Market News

HSBC upgrades IIFL Finance to ‘hold’ from ‘reduce’ post-RBI move, raises target price to ₹540, sees 8% upside | Stock Market News

Source: Live Mint Following the recent lifting of RBI restrictions on its gold loan business, global brokerage house HSBC upgraded IIFL Finance stock to ‘hold’ from ‘reduce.’ HSBC also raised the stock’s target price to ₹540 from ₹350 earlier, implying an 8 percent upside potential. HSBC also upgraded its FY25-27 EPS estimates by 6 percent…

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