Sensex and Nifty rise as RBI holds repo rate steady
pre-market1 source ↓written by the desknot a recommendation
- 0.19
- 152.05 points
- 0.19
- 78,581.00
- 0.04
- 9.75 points
- 0.04
- 24,624.65
- for the year
- 5%
Indian stocks closed modestly higher as the RBI kept the repo rate unchanged at 5.25%. The Sensex gained 152.05 points (0.19%) to 78,581.00, while the Nifty rose 9.75 points (0.04%) to 24,624.65. Gains in metal, real estate, and automobile stocks offset banking sector weakness. The RBI also lowered its inflation forecast to 5% for the year.
Not investment advice. For informational purposes only.