The Reserve Bank of India was likely to maintain its repo rate at 6.50% due to high food prices. An ET poll concurred this steadying move. However, easing core inflation and a global shift toward lower borrowing costs might prompt the RBI to adopt a neutral stance next quarter, aligning with India’s busy economic season.
GV Films and 7 other penny stocks slip 15-20% in a week
In the week ending March 13, the benchmark Sensex index fell by approximately 0.7%. During this decline, 7 penny stocks experienced drops ranging from 15%