RBI’s decision to maintain its high GDP growth forecast helped the market to calm down its fears
At close, the Sensex was up 460 points or 0.94% at 49,661.76, and the Nifty ended at 14,819 rallying 135 points or 0.92%.
IDFC First Bank rose 2.26% to Rs 56.55 after the bank successfully raised about Rs 3000 crore through the qualified institutional placement (QIP) rout
Tata Power added 0.76% to Rs 105.45 after the company said its subsidiary Tata Power Solar has doubled its manufacturing capacity of cells and modules
The benchmark equity index BSE Sensex traded 548 points, or 1.11%, higher at 49,749 at around 12 pm (IST)
In opening trade, Sensex rose 117 points or 0.24% to 49,318 whereas the broader market index Nifty50 traded at 14,744 up 60 points to 0.41%.
Today, the start of session is likely to be cautious ahead of the Reserve Bank of India’s (RBI) monetary policy outcome later today.
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Among sectoral indices, Nifty Bank ended in the red, followed by Nifty Media and Nifty PSU Banks, Nifty Private Bank index while others closed with ga
After swinging around 646 points during the day, the Sensex settled 42 points or 0.09% higher at 49,201. The broader market index Nifty advanced 45 po