Muthoot Finance, Manappuram shares jump up to 8% on RBI Governor remarks on Gold loans
Shares of Manappuram are in the F&O ban, which means no new positions can be created in that stock.
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Here is why shares of Bajaj Finance, SBI Card, RBL Bank rallied after the Reserve Bank of India policy
The stress coming down in the unsecured loans is a positive for India’s largest NBFC, Bajaj Finance, whose shares have also rallied 4.2% to ₹9,313 and are heading back towards their all-time high levels of ₹9,660.
How RBI policy delivers a double bonanza to real estate
The Nifty Realty index is trading higher by 4% today, extending gains for the second straight session, with all its constituents in the green.
Gold rates gain on safe-haven demand ahead of US jobs data
On the international front, spot gold rose 0.5% to $3,368.49 an ounce by 03:40 GMT, putting the metal on track for a weekly gain of 2.5% an ounce.
RBI Policy Outcome: Nifty Bank hits a record high, Realty stocks rally after CRR cut
Rate-sensitive stocks like banking, realty and auto traded with gains, after the Reserve Bank of India’s Monetary Policy Committee slashed the key lending rate by 50 basis points.
Analysts recommend buying Persistent Systems, Godrej Properties, Britannia, GMDC & Lupin
On Friday, market tech analysts Mitessh Thakkar and Shrikant Chouhan recommended these stocks for the short term.
Bajaj Auto shares could jump 20% on export growth and EV push, CLSA says
Brokerage firm CLSA expects export growth of 15–20% in FY26, led by robust demand from Latin America and Africa.
Tesla loses an entire TCS during Thursday’s 14% crash
TCS is the third-most valued company in India, after Reliance Industries and HDFC Bank.
Reliance Industries shares have further re-rating scope on growth visibility, valuations: Jefferies
Despite the RIL stock outperforming the Nifty by 12% year-to-date, it still trades below its long-term forward EV/EBITDA average, indicating scope for re-rating, Jefferies wrote in its note.
Tata Motors shares downgraded by JPMorgan as new set of headwinds emerge
Investors of Tata Motors will be watching out for management’s guidance across all of these businesses during the upcoming investor days, which will be on June 9 for India and on June 16 for JLR.