Stocks to Watch: SBI, HDFC Bk, RITES, Reliance, PNB, Mining, South India Bk

Stocks to Watch Today: Banks and rate sensitive related shares are likely to be in focus today as RBI announces the outcome of its three-day policy meet this morning.

Stocks to Watch Today: The BSE Sensex and the NSE Nifty are likely to start trade with notable gains as global markets staged a pullback. As of 07:15 AM, the SGX Nifty futures quoted at 16,500 as against the spot Nifty close of 16,416 on Tuesday.

Thereafter, the RBI policy meet outcome is likely to dictate the market trend for the remainder of the day. Market participants will also take note of the second cut in India’s GDP forecast by World Bank this fiscal year. The World Bank has now lowered its FY23 GDP growth forecast for India to 7.5