Sensex gains 1% ahead of RBI MPC policy decision
The New Indian Express Tirunelveli|December 06, 2024
Rate cut unlikely at this meeting as RBI may await macro data, some expect CRR cut
ARSHAD KHAN @ New Delhi
Sensex gains 1% ahead of RBI MPC policy decision

DOMESTIC equity rallied sharply during the second half of Thursday's trading session amid renewed hope of a dovish monetary policy by the Reserve Bank of India (RBI). Further, a halt in selling by foreign institutional investors (FIIs) lifted sentiments.

Benchmark indices - BSE Sensex and NSE Nifty50, recovered from early losses and settled in green for the fifth consecutive session. The Sensex closed 809.53 points or 1% higher at 81,765.86 while the Nifty50 settled at 24,708.40, up 240.95 points or 0.98%.

هذه القصة مأخوذة من طبعة December 06, 2024 من The New Indian Express Tirunelveli.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 06, 2024 من The New Indian Express Tirunelveli.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS TIRUNELVELI مشاهدة الكل
The New Indian Express Tirunelveli

A SLIPPERY SLOPE & SILENT EPIDEMIC

NOOP, a bright young man from Kottayam, had high hopes when he landed a job at a reputed IT company in Bengaluru through campus placement. Hailing from a middle-class family, his success was seen as a beacon of promise for his future. But within two years of joining the firm, Anoop found himself staring at a disheartening email from HR—his dismissal owing to poor performance.

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3 mins  |
December 24, 2024
The New Indian Express Tirunelveli

GREEN CORNER IN BOXING DAY BOUT

MCG curator says grass on the surface should excite pacers

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4 mins  |
December 24, 2024
The New Indian Express Tirunelveli

Scrap dealer's son Sairaj claims gold

SAIRAJ Pardeshi was pretty clear what he had to become when he was only eight.

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2 mins  |
December 24, 2024
The New Indian Express Tirunelveli

Naveen & Lokesh one hit away from national glory

IT was a mixed outing for shuttlers from Tamil Nadu in the ongoing Senior National Badminton Championships in Bengaluru on Monday.

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1 min  |
December 24, 2024
The New Indian Express Tirunelveli

Hyderabad FC squander 2-goal lead to suffer loss

HYDERABAD FC have endured a difficult run in the ongoing Indian Super League so far. And things turned from bad to worse on Monday.

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1 min  |
December 24, 2024
The New Indian Express Tirunelveli

Adani Defence acquires 85.8% in Air Works

ADANI DEFENCE Systems & Technologies Ltd. (ADSTL) in acquiring 85.8% shareholding in Air Works (AWIEPL), India's largest private sector MRO company with the largest pan-India footprint, said the Adani Group company on Monday. ADSTL will acquire the stake at an enterprise value of ₹400 crore.

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1 min  |
December 24, 2024
The New Indian Express Tirunelveli

Razorpay grants employees ₹1L ESOPs to mark 10-yr of operation

FINTECH major Razorpay is awarding employee stock option plans (ESOPs) worth ₹1 lakh to all its current employees as part of its 10 years celebration.

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1 min  |
December 24, 2024
The New Indian Express Tirunelveli

Honda-Nissan to be 3rd-largest carmaker

JAPANESE auto giants Honda and Nissan have announced plans to merge operations, creating the world's third-largest automaker by sales, trailing only Toyota and Volkswagen.

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1 min  |
December 24, 2024
The New Indian Express Tirunelveli

Women represent 20% of crypto exchange CoinDCX's high networth customers

WITH the increasing adoption of cryptocurrency, women are now representing 20% of crypto exchange CoinDCX's HNI (high net-worth individual) customers.

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1 min  |
December 24, 2024
The New Indian Express Tirunelveli

GST rate hike: Used car market faces challenges

Experts say rate hike from 12-18% to impact second-hand vehicle biz

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1 min  |
December 24, 2024