Rahul Shah, vice president (equity advisory group) at Motilal Oswal Securities, said a rate cut post budget was mostly expected, but the timing of rate cut came as a surprise, which is why markets opened higher, but now markets have digested that fact and we are seeing some profit booking.
![Gadgets 360 With Technical Guruji: Ask TG [May 18, 2024]](https://c.ndtvimg.com/2024-05/cjtutn3k_ask-tg_640x480_18_May_24.jpg?downsize=355∶533 "Gadgets 360 With Technical Guruji: Ask TG [May 18, 2024]")
