Wednesday, June 6, 2018

Sensex ends over 275 points higher, Nifty near 10,700 after RBI hikes repo rate | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips

Sensex ends over 275 points higher, Nifty near 10,700 after RBI hikes repo rate | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: A three-day losing streak broken and how! Equity benchmarks had a good day of trade, with the Sensex closing 275 points higher, while the Nifty closed near 10,700-mark. The market witnessed a last hour surge after Reserve Bank of India's Monetary Policy Committee decided to hike repo rate to 6.25 percent. While the

Benchmark yield ends at 7.83%; traders cautious ahead of RBI decision | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips

Benchmark yield ends at 7.83%; traders cautious ahead of RBI decision | | Best Investment adviser in India | Genuine Stock advisory company | Reliable Intraday Tips Provider | Best Intraday trading tips: Ahead of the Reserve Bank of India's RBI monetary policy announcement on Wednesday, bond market dealers are expectedly cautious, though most of them expect the central bank to hike the repo rates by at least 25 basis points. The repo rate is currently at 6% after the RBI cut the rate by 25 basis points in August, 2017.