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Dhiraj Relli, MD & CEO at HDFC Securities said, “In a surprise meeting today, RBI announced a repo rate hike by 40 bps (to 4.4%) and an increase in the CRR rate by 50 bps. RBI is no longer behind the curve to react to rising inflation numbers. In terms of timing, it took everyone by surprise and the hike of 40 bps is higher than the market expectation of 25 bps in the June Meet. This apart, the increase in CRR by 50 bps will withdraw Rs 87,000cr liquidity in the system. Immediately on the announcement, all interest-rate sensitive stocks fell sharply including Banks, Auto, Real estate, etc. Coming ahead of the US Fed announcement due today, the RBI has taken the lead for the time being after being blamed for being behind the curve by some economists. Nifty could remain under pressure for some time.”",
On the Sensex pack, Nestle India, Hindustan Unilever (HUL), Bajaj Finserv, Kotak Mahindra Bank, Housing Development Finance Corporation (HDFC), Reliance Industries (RIL), Bajaj Finance and Asian Paints were the biggest losers on Tuesday while Tech Mahindra, Maruti Suzuki India, Larsen & Tourbo (L&T), Dr. Reddy’s Laboratories, State Bank of India (SBI) and NTPC were the top gainers.",
Over the last few years, Princess Diana’s casual laid-back style has heavily inspired Hailey Bieber’s off-duty looks as she is often seen channelling the late Princess through her statement-making street-style fashion. For one of her latest casual appearances with husband-singer Justin Bieber, she did the same.",
The group also posted the contact information of Steve Ballmer,Microsoft Corp’s retiring chief executive,on its Twitter account along with the message,”You can thank Microsoft for monitoring your accounts/emails using this details. #SEA”"
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“Our beautiful boy. Welcome to the world, Hayden!” the Australian wrote on Instagram alongside a photo of the newborn.",
Acclaimed filmmaker Damien Chazelle’s recent outing as a director, Babylon, has drawn a largely mixed response from the critics, with some claiming that the movie is a dazzling love letter to old Hollywood, while others stating it’s a muddled mess of lofty themes.",
A day after returning from New Delhi, superstar Rajinikanth met Tamil Nadu Governor R N Ravi at Raj Bhavan in Chennai on Monday. Outside his Poes Garden residence, Rajinikanth told reporters the meeting was a “courtesy call”."
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