 "PNB, IDBI, Bank of India: 3 stocks that can dip 10% from the current level")
Springing a surprise, the Reserve Bank of India (RBI) on Wednesday reduced the repo rate by 35 basis points (bps) to 5.5 per cent to spur economic growth. However, the move failed to cheer investors as the central bank lowered the GDP growth forecast for the financial year 2019-20 (FY20) to 6.9 per cent from 7 per cent projected earlier. Rate-sensitive stocks took a beating yeterday and settled with losses.
Here's a look at how Nifty PSU Bank index and three stocks that can slip around 10% from the current levels
