Global headwinds and foreign portfolio investors (FPIs) outflows outweighed the positive sentiment triggered by the Reserve Bank of India (RBI) signalling rate cut in its next meeting. The 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1. The NSE Nifty dropped 31.20 points or 0.12 per cent to end at 24,981.95. In the intraday trade, it jumped 220.9 points or 0.88 per cent to hit a high of 25,234.05.
The indices fell intra-day after the RBI signalled that it was set to make its first rate cut in four years. RBI's monetary policy committee voted to keep the repo rate unchanged at 6.5 per cent but changed its stance to neutral.
Diese Geschichte stammt aus der October 10, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der October 10, 2024-Ausgabe von Business Standard.
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