For Quick Alerts
For Daily Alerts

Sensex Ends Lower As RBI Keeps Interest Rates Steady


Benchmark indices ended the day marginally lower after the Reserve Bank of India held interest rates steady largely in line with what the markets were anticipating. Check Sensex gainers and losers

Sensex Ends Lower As RBI Keeps Interest Rates Steady
The Sensex ended the day lower by 115 points, while the Nifty closed lower 26 points. Leading the set of gainers from the benchmark indices were select metal stocks like Tata Steel and Hindalco on reports that the government would hike import duty on select steel products.

Banking stocks ended the day mixed following the RBI's Monetary Policy, while PSU Banking stocks ended sharply higher select private sector banking names like IndusInd Bank and HDFC Bank saw selling pressure.

Shares in Force Motors rallied sharply for the second day in a row and ended higher by 10 per cent on hopes that it might bag orderd from BMW India.

SUN TV which saw a sustained rally for 4 days in a row gaining almost 40 per cent, saw profit booking and ended 5 per cent lower after the CFO said that the company was open to selling stake in Sunrisers Hyderabad.

Bajaj Finserv surged and touched a new life high 2,160 rupees. Oil exploration stocks fell after crude oil prices continued their downward slide. Stocks like Cairn India and ONGC were among the losers.

Meanwhile, markets in China saw a solid rally with the Shanghai Composite jumping 3.70 per cent, while most other markets ended lower.

European markets were trading flat today.

Read more about: sensex nifty hdfc bank indusind bank
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more