The BSE Sensex fell sharply by about 350 points as RBI took a cautious stance on the economic recovery even as it cut policy rates by 25 basis points.
The Nifty is likely to open on a flattish note and remain range bound till the time the Reserve Bank announces its monetary policy around 11 am.
The benchmark BSE Sensex rose over 51 points to 27 880. 15 in early trade today on the back of increased buying by funds and investors helped by positive growth
The Nifty is likely to open on a marginally negative note and stay in a range-bound mode during the first few minutes of trading.
It is likely to make
The valuation of SBI slipped by Rs 3 253. 47 crore and was at Rs 2 10 454
The benchmark BSE Sensex today staged a strong comeback to close 321. 73 points higher on across-the-board buying in blue-chip stocks by funds and retail investors on rate cut hopes
The Nifty is likely to open on flattish note.
The initial hour of trading will be volatile with a marginal negative bias
The benchmark BSE Sensex today slipped by 57 points to close at 27 506. 71 points due to across the board selling mainly in pharma banking and oil stocks
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William D. Green
Chairman & CEO, Accenture