Interest rate-sensitive shares like banking, NBFC, realty and auto are getting dull business. The Monetary Policy Committee of the Reserve Bank of India retained its “neutral” stance on Wednesday, August 6 and retained the repo rate at 5.5 percent. This has seen disappointment in interest rate-sensitive shares. The bank Nifty is witnessing a decline after the RBI policy announcement. The Nifty Auto and realty indices have declined by 0.4–0.8 percent.
RBI Governor Sanjay Malhotra said, “The domestic growth rate is stable and is moving forward according to our estimates, although some high frequency indicators in May and June have given mixed indications. In the medium period, the changing global system has the possibilities of the Indian economy, which is possible on the basis of its internal strength, strong infrastructure and favorable buffer stock.” The RBI Governor further stated that as per expert expectations, retail inflation is likely to increase in the last quarter of FY 2026, however, the main inflation is likely to remain stable at 4 percent.
After the RBI’s decision, there was a mixed trend in sensitive sectors towards the interest rate. The Nifty Bank and Nifty Financial Services led to a flat business, while the Nifty Auto and Nifty Realty fell by 0.65 per cent and 1.75 per cent respectively. Kotak Bank, ICICI Bank, SBI, Bank of Baroda and HDFC Banks are in the lead in the Nifty Bank Index. While the remaining shares declined. IndusInd Bank had the highest fall of 1 per cent, followed by IDFC First Bank and AU Small Finance Bank.
Meanwhile, the bosch in the auto index declined by 4.6 per cent. After this, Balakrishna Industries declined by more than 3 percent and Madrasana declined by more than 1 percent. Hero Moto, Exide Industries, TI India, TVS Motor and Bharat Forge also fell by more than 0.50 per cent. However, Maruti and Eicher Motors are trading with an edge.
All shares in the realty segment are seen in the green mark. Pesties fell by 2.5 per cent. This was followed by Phoenix, DLF, Lodha, Anant Raj, Brigade and Godrej Properties. The shares of each of them have fallen by more than 1 percent.
