Nifty 50 holds gains as RBI pauses rates, lifts inflation view
MSN·- The Reserve Bank of India maintained its key policy rate and adopted a neutral stance, indicating stability in its monetary policy. - Inflation forecasts were increased to 5.1% from 4.6%, while GDP growth estimates were reduced to 6.6% from 6.9%. - To support the rupee amid global challenges, the RBI introduced measures to attract foreign inflows, such as offering tax exemptions on bond interest.SEBI proposes real-time strike price updates to curb volatility
MSN·- SEBI is requiring exchanges to update strike prices in real time to address rapid market fluctuations. - This initiative aims to prevent liquidity gaps when prices surpass available options strikes. - Market participants have until June 15 to provide feedback on the proposal before finalizing the rules.