Bank of Baroda, SBI: How to trade rate-sensitive stocks post RBI policy

Stocks like SBI and Bank of Baroda can expect a surge of over 5 per cent in coming sessions.

Rate-sensitive stocks, from sectors like banks, financials, automobiles and real estate, were in focus at the bourses on Wednesday after the Reserve Bank of India kept key policy rates unchanged amid rising Covid-19 cases. Repo rate and the reverse repo rate remain unchanged at 4 per cent and 3.35 per cent.

At 10:52 am, Nifty PSU Bank, Nifty Auto and Nifty Realty indices were trading higher in the range of 1 per cent to 1.5 per cent on the NSE. Nifty Bank and Nifty Private Bank indices up 0.5 per cent each, as compared to 0.65 per cent rise in the