MARKET LIVE: Sensex up 450 pts; RIL gains 2%, Adani Ent 15%; L&T slips

STOCK MARKET LIVE: Equity benchmark were seen holding strong gains even as the Reserve Bank of India announced a 25 basis points repo rate hike. The BSE Sensex was up 450 points to 60,750 , while the NSE Nifty surged 150 points to 17,865 level. RBI governor Shaktikanta Das said the MPC decided to hike the repo rate with a split stance of 4:2, retaining the stance at withdrawal of accomodation. The governor affirmed that core inflation remains sticky and FY24 inflation is likely to remain above the 4 per cent target. 


READ MORE

STOCK MARKET LIVE: Equity benchmark were seen holding strong gains even as the Reserve Bank of India announced a 25 basis points repo rate hike. The BSE Sensex was up 450 points to 60,750 , while the NSE Nifty surged 150 points to 17,865 level. RBI governor Shaktikanta Das said the MPC decided to hike the repo rate with a split stance of 4:2, retaining the stance at withdrawal of accomodation. The governor affirmed that core inflation remains sticky and FY24 inflation is likely to remain above the 4 per cent target. 

READ LESS