MEMBER'S LOGINX
| Login Failure | ||||||||
|
||||||||
| Sign Up | Forgot Password? | ||||||||
- Home
- Todays Market
- Indian Stock Market News February 8, 2019
RBI Cuts Repo Rate; Should You be Happy or Sad?
In the week gone by, major focus remained towards RBI's monetary policy decision.
In a surprise move, the Reserve Bank of India cut the repo rate by 25 basis points in its sixth bi-monthly monetary policy statement for FY19.
As you know that, any hike in the repo rate increases the lending rate in the banks, and vice versa.
But the world always looks different if you look at it from the household's point of view. A high policy rate also means high deposit rates.
So, with this rate cut, should an average household be happy... or sad?
Meanwhile, a massive crash in shares of Tata Motors & Anil Ambani group stocks shook the markets this week.
We talk about what triggered a collapse in detail.
And we have lots more. Tune in!
For information on how to pick stocks that have the potential to deliver big returns, download our special report now!
Read the latest Market Commentary
Indian Share Market Update: Top Gainers and Losers
|
| |
Equitymaster requests your view! Post a comment on "RBI Cuts Repo Rate; Should You be Happy or Sad?". Click here!
2 Responses to "RBI Cuts Repo Rate; Should You be Happy or Sad?"
KAUSHIK HALDAR
Feb 8, 2019This surprise rate cut is not welcomed by the market (contrary to usual trend) and anybody aware of the actual economical condition of present day. It shows that RBI is now under full grip of few short sighted "Yes men", (whose goal is firmly set to the forthcoming election) installed by the PMO. However the beauty of this misadventure is that, probably at the most crucial time of all powerful election it will deliver a higher retail inflation.
Unfortunately this decision did not factor for the forthcoming volatility of crude price due to US hooliganism as well as unpredictable trend of US Fed rate.
Banking fraternity has already communicated that this cut will not result to a lowering of actual market lending rate.
Stock Market Updates
SUVEN LIFESCIENCES Surges by 5%; BSE HEALTHCARE Index Up 0.6% (Today's Market)
Aug 19, 2019 03:28 PMSUVEN LIFESCIENCES share price has surged by 5% and its current market price is Rs 248. The BSE HEALTHCARE is up by 0.6%. The top gainers in the BSE HEALTHCARE Index are SUVEN LIFESCIENCES (up 5.5%) and THYROCARE TECHNOLOGIES (up 5.7%). The top losers are CIPLA (down 0.1%) and GSK PHARMA (down 0.3%).
ADANI TRANSMISSION Surges by 5%; BSE POWER Index Up 0.2% (Today's Market)
Aug 19, 2019 03:26 PMADANI TRANSMISSION share price has surged by 5% and its current market price is Rs 221. The BSE POWER is up by 0.2%. The top gainers in the BSE POWER Index is ADANI TRANSMISSION (up 5.1%). The top losers are SUZLON ENERGY (down 0.5%) and TORRENT POWER LTD (down 1.0%).
BIOCON Plunges by 5%; BSE HEALTHCARE Index Up 0.5% (Today's Market)
Aug 19, 2019 03:06 PMBIOCON share price has plunged by 5% and its current market price is Rs 232. The BSE HEALTHCARE is up by 0.5%. The top gainers in the BSE HEALTHCARE Index are THYROCARE TECHNOLOGIES (up 5.7%) and SUN PHARMA ADV. RES. (up 3.6%). The top losers is BIOCON (down 5.0%).
INOX WIND Plunges by 6%; BSE CAPITAL GOODS Index Up 1.5% (Today's Market)
Aug 19, 2019 02:24 PMINOX WIND share price has plunged by 6% and its current market price is Rs 44. The BSE CAPITAL GOODS is up by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 2.7%) and HAVELLS IND (up 2.7%). The top losers is INOX WIND (down 6.1%).
IDBI BANK Surges by 11%; BSE BANKEX Index Up 0.7% (Today's Market)
Aug 19, 2019 02:14 PMIDBI BANK share price has surged by 11% and its current market price is Rs 28. The BSE BANKEX is up by 0.7%. The top gainers in the BSE BANKEX Index is IDBI BANK (up 11.3%). The top losers are SBI (down 0.8%) and YES BANK (down 3.0%).
Sensex Rises 300 Points; Capital Goods & Healthcare Stocks Lead (Today's Market)
Aug 19, 2019 12:30 pmThe BSE Sensex is trading up by 306 points, while the NSE Nifty is trading up by 82 points.
View More Indian Share Market NewsMost Popular
My Top 3 Dividend Millionaire Stocks(Profit Hunter)
Aug 7, 2019As markets continue to rattle amid earning season, upcoming elections, volatile crude price and US China trade war, it's a great idea to add some stability to your portfolio by adding dividend stocks.
The Perfect Stock in the Rebirth of India(The 5 Minute Wrapup)
Aug 8, 2019This debt-free, well-managed company is all set to soar.
This 60-Year Old Smallcap Company Could Be Our Next Recommendation(The 5 Minute Wrapup)
Aug 12, 2019My experience at the recent AGM of this smallcap company which has financials of any FMCG major.
Super investor Pulak Prasad is Buying Stocks Big Time...and You Should Too(The 5 Minute Wrapup)
Aug 9, 2019Here's why the relentless correction in the Indian stock markets has not unnerved the big investors.
Qatar is Rearing Cows...this is Good News for India
Aug 9, 2019Qatar has turned around after the Saudi embargo. This is good news for India.
MoreABOUT EQUITYMASTER
Since 1996, Equitymaster has been the source for honest and credible opinions on investing in India. With solid research and in-depth analysis Equitymaster is dedicated towards making its readers- smarter, more confident and richer every day. Here's why hundreds of thousands of readers spread across more than 70 countries Trust Equitymaster.
FREE NEWSLETTERS
PREMIUM PRODUCTS
QUICK LINKS
APPS
FOLLOW
Copyright © Equitymaster Agora Research Private Limited.
Whitelist | Refer | Terms | Privacy | Contact | About | Sitemap
Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
All rights reserved. Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA, Canada or the European Union countries, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.
Kamal Kumar
Feb 10, 2019Happy