RBI Rate Cut: Bank, Auto, Realty Stocks Rally

• RBI cut its key benchmark interest rate by 25 basis points to 5.25% for the first time in six months.
• The central bank also pledged a Rs 1 lakh crore liquidity boost to the banking sector.
• Rate-sensitive bank, auto, and realty stocks ended higher following the RBI's announcements.
• The BSE Bankex, auto, and realty indices all closed in positive territory.
• RBI lowered its inflation forecast to 2% and raised its GDP growth projection to 7.3%.

Why It Matters: RBI's rate cut makes loans cheaper, potentially boosting economic growth.