Market wrap: Kotak Bank, Bharti Airtel, Titan Company, Adani Ent top gainers and losers on Nifty and Sensex on Wednesday

RBI reported movement of 5.5%, 0.76% and 0.59%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +1.9% on the day at ₹440.00, and has returned +15.3% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The banks sector has moved -3.6% over the same period, so Kotak Mahindra Bank is running 18.9 points ahead of its peers.

This is a Rate / liquidity policy event. Rate direction moves bank margins and the discount rate applied to every long-duration asset. The commentary usually matters more than the decision, which is often already priced. On the day the stock is +1.9%, so a modest reaction.