Benchmark indices traded higher post the policy decision as the central bank kept the policy repo rate under the liquidity adjustment facility unchanged at 6.25 per cent. The decision of the MPC is consistent with a neutral stance of monetary policy in consonance with the objective of achieving the medium-term target for consumer price index inflation of 4 per cent. Nifty ended the session at 9679.Pharma stocks were the major gainers of the day while IT stocks were the losers for the day.
Global Markets Update
Towering cranes dot the Havana skyline as communist-run Cuba races to build luxury hotels, amid indignation among some residents and concern that U.S. President Donald Trump might reverse a detente that fueled the tourist boom.
Japanese stocks barely moved in thin trade on Wednesday as investors continued to shun riskier assets ahead of potentially market moving global events later this week.
(Click to submit your details) Just one step to get best trading tips and Recommendation.