MARKET WRAP: Sensex down 192 pts, Nifty ends at 11,598 after RBI rate cut

All that happened in markets today

1:12 PM

5 factors that shaped RBI's inflation forecast and 6 key risks

The Reserve Bank of India (RBI) slashed repo rate by 25 basis points (bps) to 6 per cent in its First bi-monthly Monetary Policy Statement for financial year 2019-20 (FY20). The central bank, however, has assumed the monsoon to be normal this year. READ MORE

1:03 PM

NEWS ALERT | Force Motors total sales down 8.9% at 4,117 units YoY

1:02 PM

Market check

12:50 PM

Explained: Reasons why RBI cut its retail inflation forecast for 2019

The Reserve Bank of India (RBI) on Thursday cut the retail inflation forecast to 2.9-3 per cent for the first half of current fiscal, mainly due to lower food and fuel prices as well as expectation of a normal rainy season. However, the central bank voiced uncertainty over inflation outlook. READ MORE

12:39 PM

Rate sensitive shares trade mixed after RBI cuts repo rate by 25 bps

Shares of interest rate sensitive sectors like the bank, real estate, and automobiles were trading mixed on the bourses after the Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis points to 6 per cent in the first bi-monthly monetary policy meet of the financial year (FY) 2019-20. READ MORE

12:24 PM

12:24 PM

NEWS ALERT | Rate sensitive shares trade mixed post RBI policy

12:23 PM

NEWS ALERT | Revised circular on bad loan resolution to be issued soon: RBI Guv

12:20 PM

Nifty PSU Bank index gains 0.63%

12:17 PM

Repco Home Finance slides 2.60%

12:16 PM

Rupee update | Rupee falls 0.43 paise to 68.85 vs US dollar

12:13 PM

RBI monetary policy: Reserve Bank cuts repo rate by 25 bps to 6%

The Reserve Bank of India (RBI) on Thursday cut the repo rate by 25 basis points to 6 per cent in the first bi-monthly monetary policy meet of the financial year (FY) 2019-20. It was the first back-to-back rate cut by the central bank since the Monetary Policy Committee (MPC) was formed in late 2016. READ MORE

12:11 PM

Full text: RBI cuts repo rate to 6%, cuts GDP forecast for FY20 to 7.2%

The Reserve Bank of India cut the key policy rate by 25 basis points to 6 per cent in order to boost private investments and support domestic growth. Four out of six MPC members voted for a 25 basis points cut, while two called for it to remain unchanged. Five of them called for the policy stance to remain “neutral” while one MPC member voted for it to be changed to “accommodative”. READ MORE

12:07 PM

RBI policy outcome: Nifty Private Bank index is trading 0.30 per cent lower

12:04 PM

RBI policy outcome: Nifty PSU Bank index slips 0.34 per cent