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…
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 Sensex hovered around 52,270 levels, and the Nifty50 index was around the 15,700-mark. ONGC gained 2 per cent, and was the top Sensex 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 markets 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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