Taking Stock: RBI surprise repo cut fails to cheer D
Financial stocks that hit a fresh 52-week low included Bajaj Finserv, Bajaj Finance, Shriram City Union Finance, SBI Cards, SBI, M&M Financial and Union Bank of India.
The Reserve Bank of India (RBI), which slashed interest rates by 40 bps on May 22, failed to lift D-Street sentiment. The S&P BSE Sensex recouped some of the losses towards the close but failed t
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