To be sure, with inflation levels above the target band for over six months, the Reserve Bank has cumulatively raised the benchmark policy repo rate by 90 basis points ( one bps is 0.01 per cent) since may and is now at 5.4 per cent Though economic activity was sluggish in July compared to June, the recovery in the Indian economy is expected to gain momentum going by the preliminary indicators like investment in capex and pick up in consumption demand.
Positive Breakout: These 5 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 10,000 crore five stocks’ closing prices crossed above their 200-day moving averages (DMA)
October 23, 2026