As RBI maintains repo rate, here's how rate-sensitive stocks such as banking, NBFC, consumer durables, and realty are trading

Rate-sensitive Stocks: As Reserve Bank of India (RBI) governor Shaktikanta Das is set to announce the repo rate after the monetary policy meeting (MPC) at 10 am on Friday (June 7, 2024), rate-sensitive stocks such banking, auto, non-banking finance companies (NBFC) and real estate will be something to look out for.

Stocks in these sectors are considered as repo rate-sensitive since the interest rate plays a key role in them.

A change in the repo rate results in the change in interest rates, hence impacting these sectors.

Some of the key banking stocks are State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB), HDFC Bank, ICICI Bank and Axis Bank.

Leading Auto stocks in India are Tata Motors, Maruti Suzuki, Hero MotoCorp, Eicher Motors, Mahindra and Mahindra, and TVS Motor.

Top NBFC stocks in India are Bajaj Finance, Indian Railway Finance Corporation (IRFC), Chola Investments, Shriram Finance, and Bajaj Holdings.

Top consumer durables stocks in India are Dixon Technologies, Voltas Ltd, Honeywell Automation India Ltd, Blue Star Ltd, and Crompton Greaves

Top real estate stocks in India are DLF, Macrotech Developers, Godrej Properties, Prestige Estates Projects, and Oberoi Realty Ltd.

Banking stocks

Consumer durables

Realty stocks

Financials