Persistent Systems Limited Share Price & Analysis

Kabra Extrusion shares hit 20% upper circuit on debut

*Kabra Extrusion shares hit 20% upper circuit on debut.* The stock listed at **₹270**, sharply above the issue price of **₹180**, with strong retail participation. Persistent buying pushed it to the upper limit across the session. The listing gain signals robust investor sentiment for small-cap IPOs amid a buoyant primary market. 📊 *STOCKS:* $KABRAEXTRU | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #IPO

RBI may hike repo rate to 6.25% by 2027: Deutsche Bank

*RBI may hike repo rate to 6.25% by 2027: Deutsche Bank* — Deutsche Bank forecasts a rise in repo rate due to persistent inflation risks. Current rate stands at **6.00%**, with hike expected over the medium term. Higher rates could pressure borrowing costs and equity valuations across sectors. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #RBI

RBI may hike repo rate to 6% in December

*RBI may hike repo rate to 6% in December* as MPC minutes signal hawkish stance amid persistent inflation concerns. Market participants now price in **70% odds** of a **25 bps hike** in December, with repo rate peaking at **6%**. This shifts rate trajectory expectations and may weigh on bond prices and rate-sensitive sectors. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #repo rate

WPI inflation spikes to 11.39% on high oil prices

*WPI inflation surges to **11.39%**, the highest in recent years, driven by soaring oil prices.* Global crude rates remain elevated, increasing input costs across manufacturing and transport. This complicates RBI's monetary policy stance and could delay rate cuts. Persistent inflation may pressure real earnings and F&O positions in sensitive sectors. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Inflation

SBI Research expects 50 bps repo rate hike in December

*SBI Research expects 50 bps repo rate hike in December* as inflation pressures broaden across sectors. The report cites persistent food and fuel inflation driving retail CPI above **6%** for three consecutive months. This could force RBI to prioritize rate hikes despite slowing growth. A **50 bps** increase in December would take the repo rate to **6.75%**. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #Inflation

RBI minutes signal more rate hikes, bond selloff expected

*RBI minutes suggest further rate hikes amid persistent inflation concerns.* This has triggered a sharp selloff in Indian government bonds, with yields climbing to **7.35%** on 10-year paper. Traders expect tighter liquidity and higher borrowing costs. Rising rates may pressure equity valuations, especially in rate-sensitive sectors like Realty and FMCG. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #RBI

RBI may hike rates by 50 bps by Feb 2027: Emkay

*RBI may hike rates by 50 bps by Feb 2027: Emkay* projects a rate hike amid persistent inflation concerns. The forecast suggests **50 bps** increase by February 2027, impacting borrowing costs and bond yields. This could weigh on equity valuations, especially rate-sensitive sectors like Realty and Auto. Market participants will monitor inflation data closely for cues on timing. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #InterestRates

RBI hiked repo rate due to high inflation: MPC minutes

*RBI hiked repo rate due to persistent inflationary pressures, as per MPC minutes.* The decision reflects concerns over **6.0%** inflation, well above the target band. Rate hikes aim to anchor inflation expectations despite growth risks. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #inflation

RBI may hike rates due to inflation, weak rupee

*RBI may hike rates due to inflation, weak rupee*. Minutes indicate persistent inflation and rupee depreciation could prompt further rate hikes. **CPI inflation** remains above target, limiting RBI's policy flexibility. Global risks add to monetary tightening concerns. 📊 *STOCKS:* | 🏢 *SECTOR:* Macro | #HIGHIMPACT #RBI

Nestle India posts 36% profit growth despite inflation pressure

*Nestle India posts 36% profit growth despite inflation pressure*. The company reported a **36% YoY increase in net profit**, driven by volume growth and cost optimization. However, persistent inflationary pressures weighed on margins and stock performance. Revenue rose **8.5% YoY**, reflecting strong demand for core brands. 📊 *STOCKS:* $NESTLEIND | 🏢 *SECTOR:* FMCG | #HIGHIMPACT #Earnings