Shares of housing finance and infrastructure project firms surged after the NDA government’s decision to assist 3 crore households with house construction under Pradhan Mantri Awas Yojana, leading to a boost in shares of companies like Home First Finance and Aavas Financiers.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction