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Updated : 3 months, 3 weeks ago IST
At the time of writing this report, Sensex traded at 62,600.88 points, down 233.72 points or 0.37 per cent, whereas Nifty traded at 18,627.45 points, down 73.60 points or 0.39 per cent.
The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy tightening cycle.
At the time of writing this report, Sensex traded at 62,516.75 points, down 351.75 points or 0.56 per cent, whereas Nifty traded at 18,600.80 points, down 95.30 points or 0.51 per cent. Rupee opened at 81.23 against the US dollar. On Friday, it closed at 81.32.
The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be keenly watching the committee's stance as consumer inflation is still above the 6 per cent target band.
Updated : 6 months, 1 week ago IST
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
Updated : 3 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Equity benchmark indices were in the positive terrain during early hours on Thursday ahead of a widely expected interest rate cut by the Reserve Bank of India (RBI).