There is nothing incrementally to worry about even for rate sensitives now. Earlier it was always that hanging sword which said that the RBI will hike the rates whether it is going to be 25 bps or 50 bps, now that worry does not exist. Even if the RBI were to increase the rates by 25 bps, the market will kind of ignore it.
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase