As expected by most experts Reserve Bank of India (RBI) keeps policy rates unchanged – Repo rate at 4% and reverse repo rate at 3.3%. This was announced by Reserve Bank of India governor Shri Shaktikanta Das after monetary policy committee (MPC) meet Today.
Sensex and Nifty are trading firm even after the announcement up around .45% as of now at 12:11pm. Top Gainers in Nifty 50 Stocks are Gainers : Zee Entertainment Enterprises (3.4%), GAIL India (3.2%), Oil & Natural Gas Corporation (2.4%), Asian Paints (2.0%), Tata Steel (1.6%), Tata Consultancy Services (1.6%), Cipla (1.6%) etc and top losers are Axis Bank (-1.1%), Mahindra & Mahindra (-0.9%), Adani Ports and Special Economic Zone (-0.7%), Eicher Motors (-0.7%) etc
Top Buy Bids : Hindalco Industries (16%), Tata Steel (14%), JSW Steel (13%), Asian Paints (13%), Top Sell Bids : IndusInd Bank (-64%), Reliance Industries (-63%), ICICI Bank (-62%), Kotak Mahindra Bank (-61%), State Bank of India (-60%).
Volume Gainers : Tech Mahindra (-0.4%), Zee Entertainment Enterprises (-6.6%), Cipla (-26.3%), Hindalco Industries (-27.9%), Oil & Natural Gas Corporation (-30.5%), Tata Consultancy Services (-31.0%)
Major Recoveries Today : Zee Entertainment Enterprises (3.1%), GAIL India (3.0%), Sun Pharmaceutical Industries (2.0%), Oil & Natural Gas Corporation (1.9%), Cipla (1.9%), HCL Technologies (1.8%, Major Drops Today : Bajaj Auto (-2.4%), Tech Mahindra (-2.3%), Bharat Petroleum Corporation (-2.2%), Bharti Infratel (-2.0%), Adani Ports and Special Economic Zone (-1.8%).