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Rate-sensitive stocks fall as RBI MPC keeps policy rates unchanged
Rate-sensitive stocks declined after the RBI kept policy rates unchanged, while ICICI Prudential Mutual Fund reopened select international schemes with investment caps.
Indian equities saw selling pressure as auto, banking, financial, and real estate stocks traded in the red after the RBI’s MPC kept policy rates unchanged. Rate-sensitive sectors reacted cautiously amid growth and inflation concerns. Separately, ICICI Prudential Mutual Fund resumed subscriptions in three international schemes, capping investments at ₹2 lakh per PAN to manage inflows while maintaining regulatory compliance during volatile global market conditions today.