Sensex, Nifty at record highs after RBI hikes FY25 GDP

In the monetary policy announced on Friday, the six-member Monetary Policy Committee (MPC) of the RBI kept the repo rate at 6.5 per cent and hiked the FY25 real gross domestic product (GDP) forecast by 20 basis point to 7.2 per cent from 7 per cent estimated in the April policy.

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