Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.
As I went thru the rounds, there was one chart that looked like it was giving away the next move. Perhaps I should’ve done a Saturday update but I’m thick in it for preparing my presentation at the Money Masters Symposium.
Ceasefire expiry eve; S&P −0.6%; Trump extended it after close. UNH +7%: MCR 83.9% −90 bps, turnaround confirmed, guide raised to $18.25. GE orders +87%, EPS beat 16%—but no guide raise on Iran; stock −5%. SKORE: GE 7.8 · UNH 7.5.
US seized Iranian vessel; oil +5.5%; Nasdaq 13-day streak snapped. STLD record shipments, op. income +73%, Q2 guide $3.86; ZION EPS beat, credit 0.03%, NII guide +7–8%; AGNC spread beat but book −5.6% (already +6% in Apr). SKORE: ZION 7.1 · STLD 7.3 · AGNC 5.8
NextEra Energy, Inc. (NYSE:NEE – Get Free Report) shares fell 1.4% on Tuesday . The stock traded as low as $90.56 and last traded at $90.7090. 8,515,929 shares were traded during mid-day trading, a decline of 11% from the average session volume of 9,528,831
