RBI maintains rates amid global tech selloff
after close1 source ↓written by the desknot a recommendation
- in the Nifty
- 6% drop
The Reserve Bank of India has kept interest rates unchanged, citing a balanced outlook on growth and inflation. Meanwhile, Indian equities have shown resilience, with the Sensex and Nifty rising 1.5% this week despite a 6% drop in the Nifty IT index, reflecting global tech market pressures. This stability may bolster investor sentiment in the near term.
Not investment advice. For informational purposes only.