Closing Bell: Sensex ends 192 pts lower, Nifty below 11,600 even as RBI cuts rate

Market at close: Benchmark indices ended lower but off day's low after Reserve Bank of India (RBI) slashed repo rate by 25 bps to 6 percent on April 4 as expected and kept the stance unchanged to Neutral. At the close, the Sensex was down 192.40 points at 38,684.72, while Nifty was down 46...

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RBI cuts repo rate: 12 rate-sensitive stocks that will benefit the most

The Reserve Bank of India (RBI) slashed repo rate by 25 bps to 6 percent on April 4 as expected and kept the stance unchanged to ‘Neutral’. This is the second rate cut in 2019. “These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI)...

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Gold gains as dollar eases; focus on US-China talks

Gold gained on Thursday, supported by an easing dollar as investors awaited progress on the ongoing Sino-U.S. trade negotiations after reports showed that both sides were nearing a deal. Spot gold rose 0.2 percent to $1,291.89 per ounce as of 0332 GMT. U.S. gold futures firmed 0.1 percent at...

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International Market Update

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Sensex, Nifty open flat ahead of RBI meet; bank in focus

Market Opens: It is flat start for the Indian indices ahead of RBI policy meeting. At 09:19 hrs IST, the Sensex is up 45.55 points at 38922.67, while Nifty is up 5 points at 11649. About 523 shares have advanced, 307 shares declined, and 52 shares are unchanged.  Indiabullls Housing,...

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Opening Bell

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Closing Bell: Indices revert gains in late trade as Nifty ends below 11,650; BPCL down 4%

Market Close: Benchmark indices ended near day's low after Skymet predicts below normal monsoon due to developing El Nino. Sensex and Nifty touched record high in the early trade today. At close, the Sensex was down 179.53 points at 38877.12, while Nifty was down...

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