The Reserve Bank of India has kept the repo rate unchanged at four per cent in its monetary policy meeting today.
On Wednesday, April, Wednesday, the market index rose about one percent, led by banking stocks. After the Reserve Bank of India (RBI) maintained the repo rate, the business session was flat, but gained momentum. Fixed Four percent of their monetary policy meetings.
BSE Sensex Rose stood at 460.37 points, or 0.94 percent, at 49,661.76. State Bank of India (SBI), Mahindra & Mahindra, Nestle, IndusInd Bank and ICICI Bank top the list. But for the day, only three were behind – Titan, NTPC and Hindustan Unilever.
Top BSE Sensex Beneficiaries:
For the day, SBI rose 2.25 per cent to 3,356.45. It was followed by two more banking stocks, including ICICI Bank, which rose 2.05 per cent to Rs 57.55 and Indrestrand Bank, which rose 2.02 per cent to Rs 945.80.
Mahindra & Mahindra rose 1.99 per cent to Rs 7,996.40, while Nestle India rose 2.02 per cent to Rs 1,17,422.99.
Top BSE Sensex Falls:
For the day, Titan was down 0.7877878 per cent at Rs 1,513.95, followed by NTPC and Hindustan Unilever at Rs 10,455 and 0.44 per cent at Rs 2,404.10, respectively.
National Stock Exchange (NSE)
NSE Nifty It rose 135.55 points, or 0.92 percent, to close at 14,819.05 points. Speaking of the sector, Nifty Auto and Nifty IT have risen more than one per cent, while Nifty Pharma and Nifty FMCG have risen more than 0.5 per cent.
At the top of the Nifty:
JSW Steel rose 5.33 per cent to Rs 5,566.10. Wipro rose 2.633633 per cent to Rs 437.25, while SBI, IndusInd Bank and SBI Life rose more than two per cent.
Top losers in NSE Nifty:
Today, Adani ports have become the worst performing companies in the stock market. 2. It stood at Rs 812.45, down 2.676 per cent. Tata Consumer Products and UPL fell more than one per cent, while Titan and NTPC fell 0.52 per cent.