Sales of homes, durables, auto likely to get a boost

The Reserve Bank of India's move to reduce repo rates by 50 basis points is expected to spur sales in rate-sensitive sectors such as residential properties, automobiles and consumer durables.

- RAGHAVENDRA KAMATH, VIVEAT PINTO & SWARAJ BAGGONKAR

monthly instalments, support consumption and further accelerate economic recovery," said Tarun Garg, whole-time director and COO, Hyundai Motor India. Shailesh Chandra, president, SIAM, and MD of Tata Passenger Vehicles & Tata Passenger Electric