That said, market participants continued to buy stocks in the broader markets after the RBI announced a special, Rs 15,000 crore-liquidity window

MARKET LIVE: Sensex falls 150 pts, tests 52k; Indiabulls Housing surges 15%

<strong>Stock market updates</strong>: Benchmark indices succumbed to profit booking, even as healthy buying continued in the broader market space, after the Reserve Bank of India (RBI) kept repo rate unchanged for the sixth consecutive time at 4 per cent and maintained the policy stance as Accommodative.<br />
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	The six-member monetary policy committee (MPC), however, revised the growth projection downward to 9.5 per cent from 10.5 per cent for the current financial year and revised the inflation projection upward to 5.1 per cent.</div>
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	Furthermore, it announced the third tranche of bond buying worth Rs 40,000 crore under G-SAP 1.0. It also announced G-SAP 2.0, under which it will buy bonds worth Rs 1.2 trillion. The central bank will also buy bonds issued by state governments, unlike G-SAP 1.0 that was only for central government securities.</div>
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	Post the announcement, 10-year government bond yields hardened by 0.4 per cent to top 6 per cent-mark while the equity markets gave up their gains.</div>
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	The benchmark S&P BSE Sensex tumbled 436 points from the day&#39;s high and hit a low of 51,953. It, however, trimmed losses marginally to settle the day at 52,100 levels, down 132 points or 0.25 per cent.</div>
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	On the NSE, the Nifty50 index dropped 64 points from the record high level of 15,734, touched earlier in the day, to close at 15,670 levels.&nbsp;</div>
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	The benchmark indices were dragged down largely by banking and FMCG counters such as Nestle India, SBI, ICICI Bank, HDFC Bank, HUL, Axis Bank, and Titan.&nbsp;</div>
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	Overall, the Nifty Bank index ended 1 per cent lower, followed by the Nifty Private Bank and FMCG indices, down 0.8 per cent and 0.4 per cent, respectively. On the upside, the Nifty Metal and Realty indices clocked gains up to 1.3 per cent.</div>
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	That said, market participants continued to buy stocks in the broader markets after the RBI announced a special, Rs 15,000 crore-liquidity window for sectors like travel and toursim, tour operators, hotels, restaurants, aviation and related companies, spa clinics and beauty parlours.</div>
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	The BSE MidCap index advanced 0.63 per cent while the BSE SmallCap index added 0.78 per cent. Both the indices hit record peak levels of 22,540 and 24,280, respectively in intra-day trade.</div>
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	Among individual stocks, the stock of Indian Hotels hit a fresh 52-week high of Rs 143.75, up 6 per cent on the BSE on the back of nearly two-fold jump in trading volumes. Royal Orchid Hotels surged 10 per cent to Rs 92.70, followed by Taj GVK Hotels & Resorts (8 per cent), EIH (up 7 per cent) and Lemon Tree Hotels (up 5 per cent).</div>
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	Meanwhile, liquor stocks like, United Breweries Globus Spirits, United Spirits, IFB Agro Industries, and Radico Khaitan surged between 1 per cent and 8 per cent.</div>
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	<strong>Global markets</strong></div>
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	European stocks inched higher on Friday in cautious trading ahead of US jobs data with the pan-European STOXX 600 index was up 0.1 per cent.&nbsp;</div>
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	Earlier in Asia, Japan&#39;s Nikkei and South Korea&#39;s Kospi had slipped 0.4 per cent and 0.2 per cent, respectively. China&#39;s Shanghai Composite and Australia&#39;s ASX200 index, meanwhile, gained 0.2 per cent and 0.5 per cent, respectively.</div>
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	<em><strong>(With inputs from Reuters)</strong></em></div>
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Sensex dips 132 pts as RBI cuts FY22 GDP growth; Nifty ends below 15,700

Business Standard

Sensex dips 132 pts as RBI cuts FY22 GDP growth; Nifty ends below 15,700 | News on Markets - Business Standard

Nifty hits record high ahead of RBI policy outcome

&gt;&gt; Index touches new peal of 15,724<br />
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NEWS ALERT :: Religare board to meet on June 8 to mull fund raising, suggests report

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	&gt;&gt; Religare Enterprises may raise Rs 300-400 crore&nbsp;</div>
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	&nbsp;</div>
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	&gt;&gt; Marquee investors, including existing investors considering infusing funds</div>
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	&nbsp;</div>
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	&gt;&gt; Religare studying contours of insurance arm Care Health IPO</div>
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	<br />
	(Source: TV News)&nbsp;</div>

Muthoot Finance extends post-result rally

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Titan takes a breather post a 7% rally on Thursday

&gt;&gt; The stock hit fresh record high of Rs 1,710 earlier today<br />
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ALERT :: Sensex gains momentum, reclaims 52,300

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Coromandel International jumps 4% on F&O inclusion

The National Stock Exchange, on Thursday, added Coromandel International, Aditya Birla Fashion, Metropolis Healthcare and The India Hotels for trading in the futures and options segment. Their derivative contracts will be available to traders for trading from June 25.<br />
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	Ministry of Defence signed a contract with Mahindra Telephonics Integrated Systems for procurement of 11 Airport Surveillance Radars with Monopulse Secondary Surveillance Radar for Indian Navy and Indian Coast Guard. The procurement will be made under the &lsquo;Buy &amp; Make&rsquo; category and will cost MoD Rs 323.47 crore.</div>
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BUZZING :: Kalyan Jewellers trades above listing price

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Telecom equipment manufacturers gain; ITI up over 4%

The Department of Telecom issued guidelines on implementation of production-linked incentive (PLI) schemes for equipment manufacturers in the sector.<br />
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Result Reaction :: Gujarat State Petronet rallies 4.6%

The company reported a higher consolidated profit at Rs 577.5 crore for the quarter ended March 2021 as against Rs 497.67 crore in the same quarter last fiscal.<br />
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NEWS IMPACT :: TBZ soars over 8% on report US suspends tariffs on Indian jewellery import

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Sectoral trends on the NSE :: Defensives on backfoot, realty stocks surge

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Sensex Heatmap :: ONGC gains 3%, Nestle down 1%

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