Helping Tamil Traders (HTT)
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Update :Previous Day Price Action has been added in "HTT-Shivakumar-AIO Setup "
RBI policy
The Reserve Bank of India (RBI) has hiked the key interest rate by 25 basis points (0.25%) to 6.50%.
Indian markets rose with the NIFTY 50 index up 0.8%.
The RBI slowed the pace of hikes as the inflation is showing signs of easing off. The inflation rate fell to 5.72% YoY in December from 5.88% in November.
It is the RBI’s sixth consecutive rate hike this year to combat rising prices.
