Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - 8 June 2026
New Delhi, June 6 -- Indian benchmark indices ended a choppy session on Friday with modest losses as investors digested the Reserve Bank of India's latest policy decision, which highlighted growing inflationary pressures and a weaker growth outlook amid escalating geopolitical tensions.
While the RBI left the repo rate unchanged at 5.25%, as widely expected, the central bank struck a cautious tone, warning that the prolonged conflict in West Asia, elevated crude oil prices and persistent supply-chain disruptions could weigh on economic growth while fuelling inflation.
Reflecting these concerns, the RBI lowered its FY27 GDP growth forecast to 6.6% from 6.9% projected in its April policy review. At the same time, it raised its inflation e...
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