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Ep-1203 | Daily Money Show | Stock Market News
Original: Ep-1203 daily money show | stock market news
Takeaway
RBI's accommodative stance plus India-Russia long-term agreements on shipping, fertilizer, and rare earths set positive long-term backdrop.
Summary
- RBI cut repo rate 25 bps; will buy Rs 1 lakh crore G-secs in 2 tranches and conduct $5 billion USD-INR swap auction for liquidity.
- FY26 inflation estimate revised down from 2.6% to 2.0%; GDP growth revised up from 6.8% to 7.3% โ positive for markets.
- Putin-Modi summit yielded agreements on migration, healthcare, food safety, shipbuilding, fertilizer supply chain, rare earths, and nuclear โ positive for RCF, GNFC, GRSE, Mazagon, Cochin Shipyard, NMDC.
- Warned about Avadhut Sathe Trading Academy ads โ Money Purse has NO paid groups; anyone asking money in their name is a scammer.
RBI rate cutIndia-Russialiquidity
Original description
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