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# 952 Daily Money Show | Money Purse Stock Market News

67.2K views · Dec 06, 2024 · 24:16 min · Watch on YouTube ↗
Takeaway

RBI held repo at 6.5% but cut CRR by 50bps to 4%, releasing liquidity even as rates stayed steady.

Summary

  • RBI MPC kept repo rate unchanged at 6.5% against street expectation of a 25bps cut; neutral stance continued.
  • Surprise positive: CRR cut by 50bps from 4.5% to 4%, easing liquidity for banks.
  • Sensex fell 56 points to 81,709; Nifty down 30 to 24,677; mid-cap +0.38%, small-cap +0.47%, Bank Nifty flat.
  • Show sponsored by Ditto insurance advisory platform.
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