The RBI played it safe, keeping the repo rate unchanged. But while the index stayed calm at 25,694, a massive reversal happened in a beaten-down sector.
Cigarette stocks surged back to life today. Is the worst finally over? Nuvama seems to think so, citing price hikes and stable volumes.
Tonight, Sanket Bendre analyzes if this is a "Dead Cat Bounce" or the start of a new rally for the heavyweights.
