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Today, equity benchmarks in India started on a positive note after the RBI’s Monetary Policy Committee decided to keep key interest rates on hold. The indices rose as financial, IT and metal stocks led the way. However, the Nifty and the S&P BSE Sensex were down, as losses in auto, FMCG and pharma stocks dampened the gains. Smallcap indexes, meanwhile, weakened, while a couple of renowned companies gained.
Indian equities started on a positive note on Wednesday, after the RBI Monetary Policy Committee decided to leave key interest rates on hold. Banks, IT and metals pushed the headline indices higher. But losses in pharma and auto stocks limited the gains for the day. The Nifty Midcap 100 index ended 0.3 percent lower and the smallcap index closed down 0.2 percent. The top losers were HDFC, Infosys, and L&T, while smallercap stocks closed higher.
On the day’s opening, Indian equity benchmarks started higher after the central bank’s Monetary Policy Committee decided to keep key interest rates on hold. The gains were led by financial and IT stocks, while losses were seen in FMCG and auto stocks. Only Asian Paints and Titan Company ended the day higher. But the gains were not as big as expected. You can follow the movement in real-time by watching Share Market live on your smartphone.
After a decision from the RBI’s Monetary Policy Committee to keep key interest rates on hold, the equity benchmarks started higher. But losses in FMCG and auto stocks weighed on the headline indices. The Nifty Midcap 100 index fell 0.3 percent while the smallcap index lost 0.1 percent. The top losers included HDFC, Infosys, and Tech Mahindra. While there were many winners and losers on the day, the overall performance was mixed.
The BSE’s Monetary Policy Committee decided to hold key interest rates for the time being. The news lifted the markets in India and helped investors make better investment decisions. The top losers of the day included Housing Development Finance Coporation (HDFC), Lars & Toubro (L&T), and the Bajaj twins. The day’s top gainers were Asian Paints and Tech Mahindra. The BSE also issued Investor Alerts on competitions and leagues.