Indian markets closed the week strong on back of positive global cues.

Ujjivan Small Finance Bank is coming up with initial public offer and market analysts are positive about the listing of this private sector bank.

RBI has not changed repo-rate in its bi-monthly policy review. Markets were expecting 25 basis points rate cut but now the expectations have been delayed by two months.

RBI has maintained the same repo-rate in its latest policy meeting. The street was expecting 25 - 50 basis points cut in repo-rate.

RBI has left the rates unchanged while the market was expecting at least 25 basis points cut.

Real estate sector was expecting 25 basis points cut in repo-rate by RBI but as the rates have been left at the previous level, the event won't have much of impact on real estate sector.