If external headwinds persist and domestic growth begins to decelerate, the Monetary Policy Committee (MPC) is likely to consider cutting policy rates in its December meeting, according to a report by ICICI Bank. The report highlighted that the odds of further monetary easing have increased following a noticeable shift in the MPC’s policy language. In…
Indian stock markets swung between gains and losses on Wednesday as investors reacted to the Reserve Bank of India’s decision to keep interest rates unchanged. The cautious tone from policymakers weighed on rate-sensitive pockets, with realty, auto, and consumer stocks pulling the indices lower through the session. The Monetary Policy Committee (MPC) kept the repo…
Shares of Bajaj Finserv witnessed heavy activity in the pre-open session on Friday, with 2.85 crore shares, or 1.79 percent of the company’s total equity, changing hands on the National Stock Exchange via block deal. The transaction, valued at around ₹5,506 crore, took place ahead of regular market hours. The identities of the buyers and…