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.
Yes Bank has been declining over the last few months. One of the best performers in the market in the recent years, Yes Bank was favorite stock of many fund managers.
While Banking Sector in India has underperformed over last few quarters, DCB Bank has witnessed strength and investor support at lower levels.
Axis Bank has been trading low for last few quarters as the bank was having higher NPA levels and exposure to stressed assets.
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