Indices advance as ITC and banks lead market recovery
pre-market1 source ↓written by the desknot a recommendation
- 0.32
- 83,580.40
- 0.20
- 25,693.70
Stock markets closed higher on Friday, with the BSE Sensex rising 266.47 points (0.32%) to 83,580.40 and the NSE Nifty gaining 50.90 points (0.20%) to 25,693.70. This rally followed the Reserve Bank of India's decision to keep the benchmark interest rate unchanged, supporting investor sentiment. The central bank's move aims to enhance financing for the real estate sector through new lending provisions for banks. 📈
• Sensex low: 82,925.35
• Market volatility: Significant intra-day movement
• RBI's decision: Unanimous vote to maintain rates
This positive momentum may encourage further buying in the coming sessions.
Not investment advice. For informational purposes only.