Stocks dance to rate tunes
The Hindu
Why did some stocks react to the RBI’s decision to hold interest rates?The stocks that rallied in the wake of the RBI’s monetary policy announcement on April 7 were predominantly a category broadly re
The stocks that rallied in the wake of the RBI’s monetary policy announcement on April 7 were predominantly a category broadly referred to as interest-rate sensitives. Investors bet that these firms stood to gain from the central bank’s decision. Prevailing interest rates may determine the pace of sales growth in specific sectors. When benchmark interest rates change, the fortunes of these sectors are in turn impacted. This reflects in their stock prices.More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.