Market closes bullish; investor strategies advised after RBI policy outcome

Market closes bullish; investor strategies advised after RBI policy outcome

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The market ended on a positive note following the RBI policy announcement. Analysts suggest that while a rate hike may pressure rate-sensitive sectors such as banks, auto, and realty in the short term, it could also support the rupee and reduce foreign institutional investor outflows by narrowing the yield gap with the US.

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Originally published by gnews