City
Epaper

Stock markets upbeat even as RBI leaves rates unchanged

By IANS | Updated: October 9, 2020 11:40 IST

Mumbai, Oct 9 Despite a status quo in key lending rates, the Indian equity indices remained in the ...

Open in App

Mumbai, Oct 9 Despite a status quo in key lending rates, the Indian equity indices remained in the green during Friday's pre-noon trade session.

According to analysts, the gains came on the back of the Reserve Bank's positive outlook and accommodative stance in its monetary policy decision.

Consequently, the S&P BSE Banking index traded at 40,425.99 at around 11 a.m ., higher by 243.32 points, or 0.61 per cent, from its previous close.

The Nifty50, on the National Stock Exchange, traded at 11,893.15, higher by 58.55 points, or 0.49 per cent, from its previous close.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Standard & Poor'sReserve Bank
Open in App

Related Stories

NationalNew Co-Operative Bank Scam: RBI Allows Depositors To Withdraw Rs. 25,000 From This Date

NationalDelhi: Akhilesh Yadav, Arvind Kejriwal Campaign Together in Rithala Constituency Ahead of 2025 Assembly Elections

NationalRBI: No Freezing of DBT Account For KYC Issues to Protect Beneficiaries

NationalMuzaffarnagar By-Election: Clash Between Two Parties Reported in Meerapur During Polling (Watch Video)

MaharashtraSharad Pawar Responds Strongly to Devendra Fadnavis' 'Vote Jihad' Allegations Against MVA

Business Realted Stories

BusinessPiyush Goyal meets business leaders in London to boost India-UK investment and trade ties

BusinessAdani Green surpasses USD 1 Billion in EBITDA; reports robust FY25 results

BusinessGovt targets 100 GW of nuclear power capacity by 2047 to boost energy security

BusinessAdani Green surpasses $1 bn in EBITDA in FY25, RE capacity up 30 pc to 14.2 GW

BusinessPM Modi to address YUGM innovation conclave tomorrow