RBI Policy: Rate-sensitive banking, NBFC, auto and realty stocks gain up to 2% after 25 bps repo rate cut

The monetary policy committee has now lowered the repo rate by a cumulative 125 basis points since February to 5.25%. It kept rates unchanged in August and October.At 9:46 AM, before the policy announcement, the Nifty Bank index was at 59,349.05, up 0.10%. Nifty Auto stood at 27,764.00, up 0.11%, while Nifty Realty was at 892.45, up 0.26%.Following the policy decision after 10 AM, Nifty Bank rose 0.6% to 59,658.65. Nifty Auto advanced 0.4% to 27,850.25, and Nifty Realty gained 1% to 899.05.Financial stocks ...