FIIS Turn Net Buyers In The Market!
FIIS Turn Net Buyers In The Market!
The domestic sectoral indices registered a fall during the fortnight, which could be considered as a correction to the recent increase in the market during previous weeks.

In an attempt to boost demand and increase consumer sales in the gloomy economic conditions, the RBI announced the lowering of repo rate by 25 basis points. The central bank stated that it will continue with an accommodative stance as long as it is necessary to revive the growth momentum. For many, the 25 bps cut was below expectations, so the markets failed to react confidently to the fiscal stimulus.

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October 23-27, 2019