📈 Top Indian Stock Market Updates — Right Now
🔼 Markets Rally After RBI Rate Cut
Indian benchmark indices rose strongly as the RBI reduced the repo rate by 25 basis points. Banking, real-estate and auto stocks saw good buying interest thanks to expectations of cheaper borrowing.
🏦 Financials Lead Gains
Banks and NBFCs were among the top gainers as investors expect improved credit demand and lower lending costs.
🛡️ Defence & Select PSUs in Demand
Defence-sector shares and some PSU companies attracted attention as investors looked for stability amid global developments.
📉 Mixed Sentiment in Broad Market
Large-cap stocks pushed indices upward, but caution remains in mid-cap and small-cap segments due to foreign fund flows and global volatility.
📌 Stock-Specific Moves
- HCC share price dropped after going ex-rights ahead of a major rights issue.
- IndiGo (InterGlobe Aviation) shares fell further as ongoing flight-cancellation disruptions raised concerns.
