🏦 Banking Stocks Rally! Kotak, Axis, ICICI, HDFC Lead Bank Nifty Surge
The Bank Nifty index surged over 700 points (1.3%), reclaiming the 55,400 mark after the RBI’s monetary policy announcement boosted market sentiment. The RBI kept the repo rate unchanged at 5.5%, signaling policy stability and optimism on growth. It also raised FY26 GDP growth estimates to 6.8%, while downplaying inflation risks. Measures easing lending norms for banks and NBFCs further lifted investor confidence.
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