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🚨Daily News Analysis🚨 1) Indian Indices break-out of the bear zone -  After staying in the red zone for two consecutive sessions, the Indian Indices finally entered the bull zone, with major benchmark indices gaining more than 0.50%. Adani Enterprises gained the most, surging as much as 23% in a day 2) Adani Enterprises M-cap tops 2L crore -  Adani Enterprises, the flagship firm of Adani Group, has turned into a multibagger in just 4 trading sessions. Adani Enterprises' shares have jumped about 102% to Rs 2,049.60 on Wednesday, February 8 from its 52-week low at Rs 1,017.10 on Friday, February 3. The flagship Adani Group firm was commanding a total market capitalisation (m-cap) at Rs 2.35 lakh crore, which had slipped to the lows of Rs 1.16 lakh crore at its worst. 3) RBI rate hike helps Rupee gain 19 paise -  The Reserve Bank of India on Wednesday hiked the repo rate by 25 basis points to 6.5%, Governor Shaktikanta Das announced the decision of the monetary policy committee.

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RBI hiked 0.25%rapo rate

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