Bank stocks, NBFCs rally up to 4% after RBI changes policy stance
Shares of rate-sensitive stocks – banks and NFBCs – rallied up to 4% on Wednesday morning after the Reserve Bank of India (RBI) changed its policy stance to ‘neutral’ from ‘withdrawal of accommodation’ earlier. Led by gains in financials, the Sensex also jumped 500 points. The change in stance is being seen as a step…
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Stocks in news: Nykaa, BEL, Tata Motors, HEG, Puravankara
Equity markets remained under pressure and extended its corrective phase, losing nearly a percent. In today’s trade, shares of Nykaa, BEL, Tata Motors, HEG, Puravankara among others will be in focus due to various news developments. HEGHEG acquired 8.23% stake in GrafTech International for about Rs 248.62 crore. GrafTech International is a leading manufacturer of…
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