The median inflation forecast based on the Consumer Price Index (CPI) for 2024-25 is 4.8%, in line with the Reserve Bank of India’s projection for the year.
IST, the barometer index, the S&P BSE Sensex, rose 336.78 points or 0.44% to 77,060.86. The Nifty 50 index added 108.90 points or 0.47% to 23,322.10.
Vinay Rajani of HDFC Securities recommends these two stocks in the near term - GE Shipping and Equitas Small Finance Bank.