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India’s central bank set the stage for its first interest rate cut in four years, growing more confident that inflation will ease in coming months. Bonds and stocks advanced. The new monetary policy committee voted five-to-one to keep the benchmark…
Public Sector Undertaking (PSU) stocks across the defence, railway, and non-banking financial company (NBFC) sectors took a hit today, with shares falling by as much as 6%. This comes even as India’s benchmark indices, Sensex and Nifty, rose on the…