Closing Call: Repo stayed, inflation forecast jumped
Nifty closed at 23,366 as the RBI held rates but shocked markets, raising inflation to 5.1% while scrapping FII capital gains tax on govt securities. Bank Nifty rose 0.35% while metals shed 2%. Stocks: Zee Entertainment, Adani Green, Himadri Speciality, Rajesh Exports, Hindustan Zinc. For more, askfuzz.ai.
The skinny
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