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Share Market Highlights 5th April 2024: Sensex, Nifty trade flat; bank stocks shine

Share Market Highlights 5th April 2024: Sensex, Nifty trade flat; bank stocks shine
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RBI keeps repo rate unchanged as focus remains on inflation

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (5 April 2024) decided to keep the policy repo rate under the liquidity adjustment facility (LAF)

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RBI MPC Meet: Will RBI to keep repo rate unchanged at 6.50%? 5 points to note

The current repo rate is 6.50%, which was last updated on February 8, 2023. Since then the RBI decided to keep the rate unchanged. The last time the repo rate was changed from 6.25% to 6.50% in February 2023.

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