RBI Announced Repo Rate To Remain Unchanged At 6.5%
RBI has kept policy repo rate unchanged at 6.5% in a unanimous decision. Standing Deposit Facility Rate remains at 6.25%; while Marginal Standing Facility Rate and Bank Rate also unchanged at 6.75%
Category: Financial News
India’s GDP is Faster than the other Developed Countries
India’s economy grew 6.1% in Q4 FY23, up from 4.4% in Q3, indicating a significant improvement in growth. India’s economy recorded an impressive 7.2% growth for FY22-23, benefiting from the positive trend observed throughout the year. These figures have surpassed expectations and indicate a robust economic expansion for the country during this period.
Flag Pattern is Bullish or Bearish?
A flag pattern is a chart pattern used in technical analysis to identify potential price continuation. It consists of a strong price move, known as the flagpole, followed by a period of consolidation forming a flag shape.
How the USA Debt Ceiling may affect the Indian Market?
The U.S. Debt Ceiling could have far-reaching implications for India, affecting trade, investment, financial markets, and overall global economic stability.
How to trade in BSE future and options?
Turnover in SENSEX and BANKEX derivatives contracts crosses Rs. 10,000 Crs with an OI value of over Rs. 1350 Crs