NIFTY BANK, AUTO AND REALTY INDICES FALL POST RBI RATE CUT - TradeBizz Research

The banking, realty and auto indices fell on NSE even as The Reserve Bank of India announced a rate cut of 25 basis points at its third bi-monthly policy review. Punjab National Bank (up 0.51 per cent) and Axis Bank (0.40 per cent) were the only two stocks in green in the bank index. IDFC Bank (down 1.02 per cent), IndusInd Bank (down 0.96 per cent) and Canara Bank (down 0.70 per cent) were the biggest losers.

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