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The Reserve Bank of India (RBI) is due to come up with its monetary policy review outcome tomorrow (June 6, 2025) in the backdrop of global trade uncertainty and robust domestic macros. So as the markets are awaiting the decision and by and large a rate cut is highly anticipated amid favourable domestic inflation and other cues, here's how the banking stocks may react as per Zee Business Managing Editor Anil Singhvi.

Importantly, Bank Nifty marked its all-time high of above 56,000 levels on June 3, 2025 and since then has been seeing profit-booking. Nonetheless, in the previous trading session- the index ended higher by IndusInd Bank, Canara Bank and HDFC Bank among others too.

Anil Singhvi has suggested that the Bank Nifty will trade rangebound ahead of the key RBI policy outcome. For the Bank Nifty index, the range ascertaind for buying has been pegged between 55,250-55,450.

Further, the expert held that in case Nifty Bank scales these levels 55,900-56,100, the index would see profit booking.

He added that the apex bank reviewing the current state of the economy may go for a repo rate cut. Repo rate is the key rate on which RBI lends money to commercial banks in the country.

Nonetheless, if the rate cut is even higher by as much as 0.5 per cent, markets and other interest-sensitive stocks will see high traction.

Additionally, he held that now any big move in Bank Nifty is anticipated only after the policy review.

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