Today news
About the same in other media
Bank, FMCG stocks drag Sensex 150 points lower; Nifty below 19,500
Reading now: 666
The BSE Sensex was trading 138 points or 0.21% lower at 65,549. Nifty50 was trading at 19,498, down 44 points or 0.23% at around 9.18 am.
On Thursday, the Reserve Bank of India held key rates steady as expected. Governor Shaktikanta Das said there could be a substantial rise in headline inflation in the near-term and raised the retail inflation forecast for fiscal 2024, citing pressure from food prices.
In the ongoing July-September quarter, it now sees inflation at 6.2%, significantly higher than the 5.2% earlier forecast. The RBI also asked banks to set aside a larger part of incremental deposits under the cash reserve ratio (CRR), to mop up excess liquidity.MORE TO COME...
. Read more on economictimes.indiatimes.comAbout this in other media
Sensex rises over 450 points on gains in banks, IT stocks; Nifty above 19,500 economictimes.indiatimes.com /1 year ago
Stock market today: What to expect from Nifty, Sensex, Bank Nifty in trade on August 23 livemint.com /1 year ago
Banks crowd RBI window as interim CRR triggers deficit livemint.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
