Share Market News Today: The Reserve Bank of India (RBI) has announced a 50 basis point drop in the repo rate, lowering it to 5.5%. Furthermore, the central bank has changed its monetary policy stance from accommodating to neutral. The RBI has cut the Cash Reserve Ratio (CRR) by 100 basis points, from 4% to 3%. This reduction is estimated to pump around Rs 2.5 lakh Cr into the banking sector through four staged tranches. Meanwhile, the Consumer Price Index (CPI) inflation target for FY26 has been reduced to 3.7%, while GDP growth for the same year is forecast at 6.5%.
Following the policy announcement, Indian equity markets rose sharply. The Bank Nifty reached an all-time high, and the Nifty index approached 25,000. Interest rate-sensitive industries such as automobiles, financial services, private banking, and real estate all saw advances surpassing 1%. This bullish trend raises critical strategic questions for investors. In today’s Aaj Ka Bazaar segment, PHD Capital CEO Pradip Halder will provide insights into the prospective market direction and investment strategy for the future.
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