What does RBI's policy decision mean for the markets? Experts weigh

Quick Summary:

RBI maintains the status quo on repo rate but cuts CRR by 50 bps what does it mean for the markets?

If the CPI inflation retraces to below 5 per cent by the December 2024 print, the likelihood of a repo cut in Feb 2025 will rise sharply.

Post the policy decision, the BSE Sensex fell 172.92 points or 0.21 per cent at 81,592.94.

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Category: BusinessFinance

Markets: India

Topics: Nifty50 Bse sensex Rate cut Rbi crr cut Rbi policy date Rbi mpc Markets Auto Rbi news Rbi governor shaktikanta das Market today Rbi rate cut Rbi meeting Interest rate Rbi policy today Financials Rbi repo rate Nse nifty Banks Rbi policy

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Article Type: News Report

Published On: 2024-12-06 @ 12:46:38 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 687 words

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