RBI) slashed the cash reserve ratio (CRR) by 50 basis points to ease liquidity conditions, but kept interest rates unchanged while cutting the GDP growth projection.
The benchmark S&P BSE Sensex declined 56.74 points or 0.07% to settle at 81,709.12, while the broader Nifty 50 index closed at 24,677.80, lower by 30.60 points or 0.12%.