Sensex sinks 294 pts as RBI keeps repo rate unchanged, Nifty nears 18,600

CLOSING BELL, JUNE 8, 2023: Sun Pharma, Kotak Bank, Tech M, M&M, Axis Bank, HUL, Tata Motors, TCS, Nestle India, and Bajaj twins dropped between 1 per cent and 3 per cent

10:26 AM

RBI Policy LIVE: Stability of long term yields hints at anchored inflation expectations, says Das

Stability of long term yields augurs well for the economy and suggests anchoring of market based long term inflation expectations. 

10:25 AM

RBI Policy LIVE: Services exports 27.9% grew faster than merchandise exports 6.9%

Services exports outpace merchandise exports.

10:24 AM

RBI Policy LIVE: Response to VRRR auctions have been cautious, says Das

>> RBI to remain nimble in liquidity management ahead.
>> Moderation in system liquidity was reflected in firming of money market rates at some instances.

10:22 AM

Market Check:: Sensex at day's high, up 140 pts as RBI leaves rates untouched

10:22 AM

RBI Policy LIVE: Goal is to reach 4% target inflation going ahead, says Governor Das

10:18 AM

RBI Policy LIVE: Headline CPI projected at 5.1% for FY24

>> FY24 inflation estimate lowered from 5.2%
>> Q1FY24 infaltion projection lowered to 4.6% from 5.1%

10:15 AM

RBI Policy LIVE: Real GDP for FY24 estimate unchanged at 6.5%

10:12 AM

Sector Alert:: FMCG index at day's low

10:12 AM

RBI Policy LIVE: Domestic demand conditions remain supportive of growth in FY24

10:12 AM

RBI Policy LIVE: SDF rate remains at 6.25%; MSF & Bank rate at 6.75%

.

10:11 AM

RBI Policy LIVE: Headline inflation to remain above 4% in FY24, says Das

10:10 AM

RBI Policy LIVE: MPC stance remains 'withdrawal of accomodation'

10:09 AM

RBI Policy LIVE: Tightening of monetary policy has slowed but uncertainty remains, says Guv Das

10:09 AM

RBI Policy LIVE: Guv Das flags elevated inflation; recent rate hikes of Australia, Canada central banks

Deceleration in 2023 to continue drageed down by elevated inflation and tight economic condition.  

Headline inflation continues to remain above target. 

10:05 AM

RBI Policy LIVE: MPC keeps repo rate unchanged at 6.5%