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Buy or sell: Sumeet Bagadia recommends these three stocks to buy next week
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Buy or sell stocks: The domestic equities benchmark indices, Nifty 50, and the Sensex ended in green on Friday's sessions led by gains in banking and IT stocks, and after Reserve Bank of India's (RBI) maintained its policy rates and stance, as expected. The RBI raised its forecast for GDP growth in the fiscal year 2024, maintained the policy stance of "withdrawal of accommodation," and left the repo rate at 6.5% unchanged.
In spite of this, the central bank maintained its forecast for inflation, estimating 5.4% for FY24 for retail inflation, or inflation based on the Consumer Price Index (CPI). "Exciting news! Mint is now on WhatsApp Channels
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