Stock Market LIVE: Nifty, Sensex Pare Loss; Nifty PSU Bank Lead Rally As SBI Leads
Realty stocks emerged as worst performer on National Stock Exchange Ltd.
KEY HIGHLIGHTS
Markets Reaction To RBI MPC: Nifty PSU Bank Outperforms
On National Stock Exchange, three sectors were trading with gains compared to 10 sectoral indices declining. Two sectoral indices traded flat.
The NSE Nifty PSU Bank rose the most. Union Bank Ltd. and Central Bank of India rose the most.
Stock Market Reaction To RBI MPC: Nifty, Sensex Fall
The NSE Nifty 50 and BSE Sensex fell after the Reserve Bank of India kept the benchmark repo rate unchanged at 5.5%. The central bank also maintained its neutral stance.
Rupee Extends Gains Against US Dollar
Rupee advanced 12 paise to 87.68 against US Dollar
It opened at 87.72 a dollar on Wednesday
It closed at 87.80 a dollar on Tuesday.
Source: Cogencis
Yield On 10-Year Bond Rises Post RBI Decision
The yield on 6.33%, 2035 bond rose 3 basis points to 6.36%
It closed at 6.33% on Tuesday
Source: Cogencis
Stock Market Live: NCC Share Price Snaps Five-Day Losing Streak On Healthy Order Inflow
NCC Ltd. share price snapped a five-day losing streak in Wednesday's session despite posting bleak results for April–June. The company has maintained a healthy order inflows in the first quarter and is confident to make slow recovery on the back of strong order book.
