Monday’s market activity indicates that weak GDP data had already been factored in, with traders now shifting their attention to the RBI’s upcoming monetary policy decision and potential rate action later this week, according to Gaurav Garg, Research Analyst at Lemonn. While a pause on rate cuts is broadly expected due to inflation concerns, he noted that the policy guidance is likely to take centre stage for market participants.
KEI Industries shares surge 7% after Q1FY27 profit jumps 40%, revenue rises 23%
Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274
August 4, 2026