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MARKET LIVE: Sensex, Nifty volatile post RBI policy; banks decline – Business Standard

turned voaltile in Friday’s late morning deals after the Reserve Bank of India (RBI) maintained status quo and left repo…

By Reader Post , in Business , at June 4, 2021

turned voaltile in Friday’s late morning deals after the Reserve Bank of India (RBI) maintained status quo and left repo rate unchanged at 4 per cent, while the stance remained accommodative.

The S&P BSE hovered around 52,270 levels, and the index was around the 15,700-mark. ONGC gained 2 per cent, and was the top gainer, followed by Larsen & Toubro and Mahindra & Mahindra (both up 1%).

The Nifty sectoral indices were mixed, with Nifty Bank index, down 0.37 per cent, bleeding the most.

Meanwhile, the broader outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.33 per cent and 0.6 per cent higher, respectively.

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