Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick transmission of policy rate changes into loan rates. However, deposit rates adjustments might lag. He highlights the importance of market liquidity and other measures announced by RBI to support economic growth and address short-term liquidity concerns.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, according to stockedge.com’s technical scan data.