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Rate sensitive stocks rise: Realty, banks, others gain on RBI's 25 bps rate cut announcement
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Rate-sensitive stocks, including realty, banking, auto, and NBFCs, rose after RBI cut the repo rate by 25 bps to 5.25%. The move, amid high economic growth, boosted investor sentiment. Nifty Realty gained 1.3%, with major real estate stocks rising. Financial Services and Bank indices also climbed, benefiting from lower borrowing costs. Auto stocks edged up, supported by affordable credit. Experts advise consulting certified professionals before making investment decisions.
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