How RBI MPC 25 bps outcome impacted rate-sensitive sectors, Nifty Bank, Financial Services, Nifty Auto? Where to invest?
RBI Monetary Policy, Oct. 7 -- Interest rate-sensitive sectors were mixed on Wednesday, October 7, after the Reserve Bank of India's Monetary Policy Committee (MPC) unanimously decided to raise the repo rate by 25 bps to 5.50% from 5.25%, marking the first rate hike in four years. The MPC also chan…