Rail stocks soared post interim Budget with Nirmala Sitharaman’s increased allocations. RVNL doubled investments, raising market cap by Rs 1.6 lakh crore. Investors eye multibaggers. Analysts foresee gains from capex plans, high-speed rail, and safety upgrades.
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