Stock Market LIVE: Nifty, Sensex Rise As RBI Delivers 25-Basis-Point Rate Cut; Nifty Bank, Nifty Realty Rise
The Nifty was and the Sensex were 0.24% and 0.25 higher, respectively, as of 10:07 a.m. Track live updates on major share price movements, stock market news, and analysts' view here.
KEY HIGHLIGHTS
Stock Market LIVE: Most Realty Stocks Surge As RBI Reduces Interest Rates
Most realty stocks surged on National Stock Exchange as the Reserve Bank of India reduced interest rates. Lower interest rates induce demand for home loans which brightens the outlook for realty companies.
Stock Market LIVE: Nifty Bank Rises; AU Small Finance, IDFC First Bank Top Gainers
The NSE Nifty Bank rose 0.62% to 59,568.65. AU Small Finance Bank Ltd., IDFC First Bank Ltd were top gainers in the index.
Stock Market LIVE: Nifty, Sensex Rise Post RBI Rate Cut
The NSE Nifty 50 and the BSE Sensex extended gains after the Reserve Bank of India reduced rate by 25 basis points to 5.25%. The indices were trading 0.15% and 0.25% higher, respectively as of 10:10 a.m.
Indigo Cancells Over 400 Flights; Stock Price Extends Losses
Flight disruptions continued for the fourth straight day on Friday, with nationwide cancellations crossing 400 flights as IndiGo struggles to adjust to the government’s stricter crew safety and flight duty-time limitation norms.
Stock Market LIVE: HCC Share Price Drops To Over Two-Year Low
Hindustan Construction Co share price plunged to over two year low on Friday as the company is set to offer shares on a rights-issue basis on a discount. The share price slumped over 22%.
