INDIAN EQUITY BENCHMARKS lost over 2% on Tuesday and the benchmark 10-year bond yield jumped as a forecast for weak monsoon rains raised doubts over whether the central bank could follow up Tuesday's interest rate cut with another this year. The S&P BSE Sensex down 2.37% and CNX Nifty ended 2.34% lower.
Headlines for the day:
- RBI cuts Repo rate by 25 bps, CRR remains unchanged
- Tata Motors May 2015 volumes up 5.3% YoY
- Realty shares decline after RBI monetary policy
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CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX.
