Bajaj Auto, DLF, SBI: Strategies for rate sensitive stocks post RBI policy

AU Small Finance Bank and Bajaj Auto seem well placed on the technical charts and should be able to witness decent gains in the weeks ahead.

The Reserve Bank of India kept the repo rate unchanged at 4 per cent in its first policy of FY23, maintaining the status quo and its accomodative stance. 

Further, the Central Bank raised inflation projections for FY23 to 5.7 per cent from 4.5 per cent, while downgrading real GDP estimates to 7.2 per cent vs 7.8 per cent earlier.

The key benchmark indices, S&P BSE Sensex and Nifty 50 were seen hovering close to their previous day's close post policy announcement, and the rate sentive shares too displayed a mixed trend. READ MORE
 
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