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SBI, HDFC Bank, DLF: RBI policy may trigger an upside in these 5 stocks

Inverse Head and Shoulder in HDFC Bank may incline market participants to add the stock to their portfolio

Topics
RBI Policy | SBI stock | Interest Rates

Avdhut Bagkar  |  Mumbai 

interest rates
Illustration: Ajay Mohanty

The RBI announced a status-quo policy, retaining its accommodative stance amid the threat surrounding Omicron coronavirus variant. Accordingly, the repo and reverse repo rates remain unchanged at 4 per cent and 3.35 per cent, respectively. Most interest rate sensitive stocks rallied in this backdrop, with banks ganing the most.

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First Published: Wed, December 08 2021. 12:23 IST
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