RBI rate cut declaration impact: stock market which ended in profit; Heavy increase in these areas
The declaration of RBI policy on the Indian stock market has had a positive impact. The Indian benchmark indices closed about 1 percent on Sensex and Nifty on 6 June. The Reserve Bank of India (RBI) surprised markets with a decrease in high repo rate in its June monetary policy review.
RBI cuts cuts rate
RBI has announced a cut in RBI repo rate by investors’ spirit. The RBI Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, has shifted its policy stance from ‘Akamadative’ to ‘neutral’. In this background, Sensex closed at 82,188.99, 82,188.99 to Sensex 746.95 points or 0.92 percent, while the Nifty rose 250 points or 1 percent to 25,003.05.
Extensive market too ..
The Nifty Mid -CAP index increased by 1.2 percent and 0.8 percent in the Nifty Small Cap Index. On the other hand, India Vicks is declining more than 2 %. CPI decreased inflation from 4 % to 3.70 % for the financial year 2026. GDP development estimated only 6.5 %. Realty, auto and financial stock lead rally rates made strong purchases in sensitive areas. The Nifty Realty Index gained 4.68 percent in the top performance sector as investors expressed their anger in support of housing and support of cheap prices.
Nifty sectors
The Nifty Financial Services Index increased by 1.75 percent, Nifty Bank and Nifty Auto increased to 1.5 percent. The Nifty metal index increased by 1.9 percent and the Nifty oil and gas index by 0.6 percent. VK Vijaykumar, the main investment strategist of geogit financial services, said, “Although it is positive to an increase in 50 base points, it can be a little negative for markets in the near future. He said that the action rate is running a rest cycle and until the situation is dramatic, then there may will be replaced.
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