Mkts snap five-day rally as RBI cuts FY25 growth forecast
Business Standard|December 07, 2024
Snapping the five-day winning run, benchmark Sensex dropped by 56 points in a highly volatile trade on Friday after the Reserve Bank of India (RBI) cut the growth projection for 2024-25 and kept the policy rates unchanged.
Mkts snap five-day rally as RBI cuts FY25 growth forecast

After oscillating between highs and lows during the day, the 30-share BSE benchmark Sensex declined 56.74 points or 0.07 per cent to settle at 81,709.12. Intraday, it swung 419.72 points, hitting a high of 81,925.91 and a low of 81,506.19. In the past five trading days, the BSE benchmark jumped 2,722.12 points or 3.44 per cent. The NSE Nifty dipped 30.60 points or 0.12 per cent to settle at 24,677.80.

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