RBI had lowered the repo rate by 25 basis points for the second time in a row to 6% and changed its stance to ‘accommodative’ from ‘neutral’ on April 9. He hinted at further rate cuts by adding that “going forward too, considering the evolving growth-inflation trajectories, monetary policy needs to be accommodative.”
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,