Most of the participants are keeping eye on the outcome of the RBI’s Monetary Policy Committee (MPC). First time in history, the committee is meeting for 3 days rather than regular two days. Some professionals expect the Monetary Policy Committee (MPC) to revise a benchmark repo rate to the upper position from the current 6%.
The stocks in the sectors including consumer durables, real estate, consumption and banking will be highly impacted along with the bond market and rupee values in the international market. Here are listed 8 stocks that are likely to get highly impacted due to the rate hike by RBI.
The stocks are
- DLF
- Indiabulls Real Estate
- Axis Bank
- State Bank of India
- IndusInd Bank
- HeroMoto Corp
- DHFL
- L&T
- TVS Motor
Investors, keep your eye on these stocks which could give you a good return in upcoming times.