RBI cuts Repo Rate by 25bps for 3rd time but market reacted negative

RBI cuts Repo Rate by 25bps for 3^rd time but market reacted negative

Monetary policy announce by RBI Governor Shaktikanta Das cuts Repo rate 25bps now current Repo rate stands 5.75. This is the 3^rd time RBI cuts repo rate and home loan borrower are happy to cheaper EMI. Do you think market going down because of rate cut?

Weakness of market is showing Indecisive market or you can say overvalued market.

In this Global Scenario where us-china trade war are happen and impact to all market negative. Market not cheering some news factored and want something more was expected.

Economic activities have slowed down considerably in last 2-3 months in our country and this is visible in almost every data point and report. 

Important Points:

Global Economy Seen tough time to last 2 Quarters.

Inflation Rate at 6 month high of 2.92%.

GDP Growth Slow at 5 years low 5.8% YoY.

Unemployment Rate was the highest in 2 years 7.6%

Subscribe our YouTube Channel to ask about your stocks live daily

morning 9:15 AM: https://www.youtube.com/investingdaddy

Like us on Facebook: https://www.facebook.com/investingdaddy