Sensex and Nifty close higher after RBI holds rates steady
after close1 source ↓written by the desknot a recommendation
- to close
- 78,581.00
- to finish
- 24,624.65
- for the year
- 5%
Indian stocks ended slightly higher as the RBI held the repo rate at 5.25%. The Sensex rose 152.05 points to close at 78,581.00, while the Nifty gained 9.75 points to finish at 24,624.65. Gains in metal, real estate, and automobile sectors offset banking sector weakness. The RBI also lowered its inflation projection to 5% for the year.
Not investment advice. For informational purposes only.