RBI rate cut gives Sensex 162-point lift, Nifty @ 7,843;
rate-sensitive stocks shine
Equity benchmark Sensex rallied nearly 500 points from
day's low on Tuesday after the Reserve Bank of India beat expectations to cut
benchmark policy rate by 50 basis points, providing a potent counter to the
weakness seen in global equity markets. The S&P BSE Sensex ended the day 162 points, or 0.63 per cent, higher at 25,778.66 while the 50-stock Nifty50 gained 57.60 points, or 0.61per cent, to 7,843.30.
Markets @ 3:10
Sensex: 25778.95, up 162 points; Nifty: 7846.15, up 50
points
Top Gainers: HDFC (3.8%), MARUTI SUZUKI (3.2%), M&M (2.7%), HDFC BANKBSE 1.72 % (1.9%), L&T (1.4%)
Top Losers: VEDANTA (5.2%), TATA STEEL (4.0%), HINDALCO (3.2%), DR. REDDYS LAB (2.7%), BHARTI AIRTEL (1.1%)
Top Gainers: HDFC (3.8%), MARUTI SUZUKI (3.2%), M&M (2.7%), HDFC BANKBSE 1.72 % (1.9%), L&T (1.4%)
Top Losers: VEDANTA (5.2%), TATA STEEL (4.0%), HINDALCO (3.2%), DR. REDDYS LAB (2.7%), BHARTI AIRTEL (1.1%)
Read more about stock market and get stock cash tips free
trial visit the site http://www.marketmagnify.com/stock-cash-tips.php
No comments:
Post a Comment