Domestic equity markets rose initially on expectations of policy easing by the RBI following the weaker-than expected GDP figure in the second quarter of FY25 of domestic economy. Meanwhile, the RBI monetary policy committee In its Dec2024 policy meeting kept repo rate unchanged at 6.5%for the eleventh consecutive time but reduced the cash reserve ratio by 50bps to 4.0% to boost liquidity.
Money Trends December 2024
