Sharemasterindia.com: The BSE Sensex fell as much as 445 points, while the broader Nifty slumped 130 points below 8,300 post Reserve Bank’s policy announcement. The sharp selloff in stock markets came even though the RBI cut its repo lending rate by 25 basis points to 7.25 per cent.
Sharemasterindia.com: Reserve Bank Governor Raghuram Rajan
on Tuesday cut the repo lending rate by 25 basis points to 7.25 per
cent. The move was widely anticipated given RBI’s comfort with consumer
price inflation and the marked slowdown in industrial growth.
Sharemasterindia.com: 9:50 a.m.: Sensex comes off intraday lows, down 127 points at 27,721, Nifty down 40 points at 8,393.
| Losers | |||
| Symbol | LTP | % chng | Volume |
| SUNPHARMA HCLTECH BHARTIARTL LUPIN TATAMOTORS | 878.05 972.30 414.80 1,787.00 473.00 | -9.11 -3.80 -2.54 -2.52 -1.80 | 1,42,65,602 11,52,294 42,60,493 15,74,696 46,10,219 |
