The BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
In a nutshell, the policy announcements are nuanced, flexible, and gives a clear communication for the future — reemphasising ...
Given the global volatility and uncertainty amidst a downturn and a depreciating currency, the MPC has done so by reducing ...
RBI cuts policy rate by 25bps to 6.25%, aiming to boost slowing growth while managing inflation; further cuts expected in ...
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