Sensex dips 132 pts as RBI cuts FY22 GDP growth; Nifty ends below 15,700

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

8:38 AM

Growth forecast, rates: 5 key things to look for in RBI monetary policy

The Reserve Bank of India (RBI) is expected on Friday to hold interest rates after a three-day meeting of its Monetary Policy Committee (MPC). The policy will likely maintain an accommodative stance, as helping economic growth remains priority. Here are key decisions to look from the review meeting: Growth forecast likely to be trimmed The market will look out for RBI’s GDP growth forecast for the financial year. READ MORE

8:35 AM

Osho recommends Escorts, Godrej Properties. Time to buy and hold

BUY GODREJ PROPERTIES LTD | TARGET: Rs 1,500 | STOP LOSS: Rs 1,330

 

GODREJPROP has witnessed an Inverted Head & Shoulder pattern breakout on daily chart post taking support near its long-term exponential moving average, indicating bullish sentiment in the counter. Also, the stock is placed well above all its major moving averages on daily time frame and even on the oscillator front, 14 period RSI has seen positive crossover and is aggressively heading northwards, affirming the bullish stance in the counter in near future. READ MORE

8:33 AM

Bull Spread Strategy on Bajaj Finance

Bull spread Strategy on BAJAJ FINANCE
 

Buy BAJAJ FINANCE JUNE 6000 CALL at Rs 164 & simultaneously sell 6300 CALL at Rs 70

 

Lot Size: 125

 

Cost of the strategy: Rs 94 (Rs 11750 per strategy) READ MORE

8:30 AM

Bulk deals on the BSE as on Thursday

Click here for complete list

8:28 AM

Bulk deals on the NSE as on Thursday

Click here for complete list

8:25 AM

FII turned net buyers on Thursday

8:22 AM

Rupee check

Source: Bloomberg

8:20 AM

Oil check :: Brent hovers near $71/bbl-mark

8:17 AM

SGX Nifty alert :: Indices cautious ahead of RBI policy outcome

>> At 8:16 AM, the SGX Nifty index was at 15,692 levels, down 3 points

8:14 AM

Asian stocks follow Wall Street cues

Asian stocks followed Wall Street lower. Japan's Nikkei fell 0.8% early in the Asian session, while MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.3%. Chinese blue chips slipped about 0.1% at the open.

8:12 AM

Wall Street on Thursday

US stocks ended lower in the overnight session, with tech shares dragging on the S&P 500 and Nasdaq, as investors balanced concerns about inflation and the Federal Reserve reining in stimulus with relief about corporate tax hikes.

 

The Dow Jones Industrial Average 0.07%, the S&P 500 lost 0.36% and the Nasdaq Composite dropped 1.03%.

8:05 AM

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