Sensex falls 383 points, Nifty settles at 23,779; IT, metals among top drags

Among the major Sensex laggards were Infosys Ltd, Reliance Industries Ltd (RIL), State Bank of India (SBI), Tata Consultancy Services Ltd (TCS), Tata Steel Ltd, Eternal Ltd, UltraTech Cement Ltd and Kotak Mahindra Bank Ltd. Indian equity benchmarks resumed their decline on Monday after a single-session pause, with selling pressure seen across IT, metals, realty…

Technical View: Bulls hold the fort despite consolidation; Nifty 50 faces hurdle at 24,700–24,800, while Bank Nifty trend stays positive above 20-DEMA

As long as the Nifty 50 remains below Monday’s high of 24,774, it may continue to consolidate, with immediate support at 24,600, followed by the crucial support level of 24,400. However, according to experts, the next leg of the upmove is possible only if the index registers a sustainable and strong move above 24,700-24,800.  …

RBI holds repo rate at 5.25%: What it means for home loan borrowers and EMIs

RBI holds the repo rate at 5.25%, providing stability for home loan borrowers. This will ensure predictable EMIs, clarity and potential interest savings amid global economic uncertainties. The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25%, marking its second consecutive pause. While this may seem routine, the context is far…