Sensex and Nifty 50 extend losses after RBI hike
India’s benchmark indexes extended losses on Oct. 8; Nifty 50 fell 0.76% to 22,424.70 as an RBI hawkish rate hike raised concerns and crude oil prices lifted inflation worries.
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India’s benchmark indexes extended losses on Oct. 8; Nifty 50 fell 0.76% to 22,424.70 as an RBI hawkish rate hike raised concerns and crude oil prices lifted inflation worries.
Nifty 50 fell 0.54% to 22,482.1 and Sensex extended declines as oil prices rose after the RBI’s hawkish rate hike.
Nifty 50 fell 0.23% to 22,545.85 and Sensex dropped 0.24% to 72,455.17 after a hawkish RBI rate hike and rising oil prices.
Indian shares declined, led by rate-sensitive sectors, ahead of an expected 25 basis point rate hike by the Reserve Bank of India to combat inflation.
Indian equities closed sharply higher on Tuesday, extending the rebound from Friday's two-year low with fresh support from banks and industrials ahead of the Reserve Bank of India's rate decision tomorrow. The S&P BSE Sensex rose 1% to 73,068 and the NSE Nifty 50 added 1% to 22,776. Kotak Mahindra Bank and Axis Bank ro
Indian shares are likely to open higher on Tuesday, extending their rebound from the previous session as supportive global cues and positive quarterly business updates lift sentiment ahead of a crucial central bank policy decision. GIFT Nifty futures were trading at 22,648 points, signalling a positive start for the be