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Shares from rate-sensitive sectors such as automobiles, banks, NBFCs and realty will remain in focus on Thursday, as the Reserve Bank of India will decide on interest rates. It is widely expected that the RBI will cut the repo rate by 25 basis points, change its monetary stance to accommodative and strongly address the liquidity deficit. Though most economists and analysts expect a 25 basis point cut, don’t be surprised if the RBI resorts to a higher rate-cut of 50 bps.
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