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Bank of Baroda has announced a 25 basis points cut in its lending rate following the Reserve Bank of India’s decision to reduce the repo rate to 5.25%. This move is expected to ease borrowing costs for retail and corporate customers, while also signaling a broader trend of rate reductions across the banking sector. RBI’s Policy Decision The Reserve Bank of India (RBI), in its latest Monetary Policy Committee (MPC) meeting held from December 3 Read More
Kaynes Technology witnessed a sharp decline in its stock price, falling more than 12% in today’s trade after leading brokerages Kotak Institutional Equities and JP Morgan raised cautionary notes. The sell-off reflects investor anxiety over valuation pressures, margin sustainability, and near-term growth challenges highlighted in recent reports. Market Reaction The stock opened weak and extended losses through the session, closing over 12% lower. Trading volumes spiked significantly, indicating heavy institutional selling. The broader market remained Read More
Indian equity markets ended the week on a strong note as investors welcomed the Reserve Bank of India’s (RBI) decision to cut policy rates. The move, aimed at supporting growth amid global uncertainties, triggered a broad-based rally across sectors, lifting benchmark indices sharply higher. Market Performance Sensex surged 447 points, closing well above intraday lows, as buying momentum picked up in the second half of the session. Nifty 50 settled at 26,186, marking a significant Read More
Global rating agency Fitch has revised India’s growth outlook upward, projecting the economy to expand by 7.4% in FY26, compared to its earlier estimate of 7.2%. The revision reflects stronger-than-expected domestic demand, resilient investment activity, and continued momentum in infrastructure spending. Key Drivers Behind the Upgrade Robust Domestic Consumption Household spending remains strong, supported by rising incomes and urban demand. Rural consumption is expected to improve further with favorable monsoon conditions and government support schemes. Read More
Indian equity markets closed on a positive note on December 4, 2025, after a volatile trading session. The benchmark indices, Sensex and Nifty, managed to break a four-day losing streak, supported by selective buying in banking, IT, and FMCG counters. Market Performance Sensex closed marginally higher, recovering from intraday weakness as investors looked for value in beaten-down stocks. Nifty 50 also ended in the green, though gains were limited due to profit booking in metals Read More