Sensex snaps 3-day losing run on RBI policy, rises 412pts up; yields up 2%

CLOSING BELL: The RBI also announced revised inflation and GDP growth forecasts in-line with market expectations

10:38 AM

RBI Policy: Forex reserves stand at $606.5 billion, says RBI Guv

Central Banker proposes card-less cash withdrawal across all banks and ATMs using UPI

RBI proposes to issue cyber security measures for online payment system

 

10:35 AM

RBI Policy: RBI regulated markets to open at 9:00am from April 18

Financial markets regulated by RBI will open at 9:00am (pre-pandemic timing) from April 18

10:34 AM

RBI Policy: Our external sector indicators remain healthy

RBI Policy: Our external sector indicators remain healthy

10:29 AM

Broader markets outperform benchmark; India Vix cools off

10:29 AM

Bond markets :: 10-year bond yields hit 7% mark

10:28 AM

RBI Policy: RBI will continue to adopt 'nimble-footed' approach towards liquidity management

• RBI committed to maintain enough liquidity in the system
   
• Normalisation of LAF corridor shouldn't surprise markets
   
• RBI decides to introduce SDF as floor of LAF
   
• SDF will aborb the liquidity
   
• NAF will inject liquidity
   
• RBI rephrases 'accommodative' stance to 'focus on withdrawal of accommodation'
   
• RBI will engage in gradual, calibrated reduction of liquidity in multi-year timeframe, starting this year

10:25 AM

Markets turn choppy; Nifty50, Sensex slip in negative territory

10:21 AM

RBI Policy: Inflation forecast revised to 5.7% for FY23 from 4.5%

Inflation forecast revised to 5.7% for FY23 from 4.5%

Financial markets are expected to remain volatile due to war, rate tightening by Developed countries

RBI will use all tools to enhance resilience of our economy

10:19 AM

RBI Policy: Real GDP growth for FY23 is seen at 7.2%

• Assuming crude oil at $100 per barrel in FY23
   
• Combination of price pressure may affect agri, auto, sectors
   
• India's direct trade exposure to Russia, Ukraine is limited
   
• India may be indirectly impacted due to global supply-chain spillovers
   
• Real GDP growth for FY23 is seen at 7.2% 

10:19 AM

Most sectors reverse day's losses as RBI maintains status quo

10:12 AM

RBI Policy: RBI decides to restore the width of LAF corridor at 50 bps

• Since last Feb, the expected positive benefits from ebbing Omicron wave have been offset by sharp geopolitical tensions
   
• External and domestic landscapes have changed
   
• Given the significant share of Russia, Ukraine in commodity markets, risk aversion towards EMs has increased 
   
• Global inflation projections have gone up
   
• Global supply chain disruption is expected to last longer

10:12 AM

Nifty Bank turns positive after RBI keeps repo rate unchanged at 4%

10:09 AM

Sensex surges over 100 points as RBI maintains 'accommodative' stance

10:08 AM

RBI Policy: RBI votes unanimously to keep rates unchanged, 'accommodative' stance maintained

RBI Policy: RBI votes unanimously to keep rates unchanged, 'accommodative' stance maintained

10:07 AM

Defend economic volatility and emerge out of storm: RBI Governor

>> RBI has successfully navigated Covid-related uncertainty

 

>> We have taken measures to manage liquidity

 

>> Shortages in key commodities, fears of de-globalisation key risks

 

>> Extreme uncertainty affecting markets, economy