DLF, BoB, Tata Motors: How to trade rate sensitive stocks post RBI policy?

The overall trend in rate sensitive stocks is positive and this unchanged policy may trigger further upside, once near term resistances are crossed

The Reserve Bank of India's monetary policy committee kept key interest rates unchanged, while retaining an accommodative stance to help revive the economy, which is facing a slowdown due to the coronavirus pandemic.

Repo rate and the reverse repo rate remain unchanged at 4 per cent and 3.35 per cent, respectively, said RBI Governor Shaktikanta Das in a statement on Friday after a three-day meeting of the committee in Mumbai. READ MORE

The rate sensitive stocks and the benchmark indices firmed up in trade soon after the RBI annoucement. Here's what to expect from key rate