|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
Lenders rose on Monday as investors bet on a rate cut in Friday's RBI rate review, with growing hopes of a chunkier 50 bps cut or a lowering of the cash reserve ratio.
The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as increasingly benign inflation gives it room to manoeuvre.