SME Times is powered by   
Search News
Just in:   • India's foreign policy - the 'Modi approach'  • Sensex falls 324 points; capital goods stocks decline  • Government diesel sales in profit first time in regulation era  • Wipro wins order from Saudi power firm  • Will make environment norms for industries more stringent: Javadekar 
Last updated: 19 Dec, 2012  

BSE THMB Sensex up 120 points on hopes of rate cut in Jan

Bse.9..jpg
   Top Stories
» Trade, investment high on agenda during Xi's India visit
» August export falls to 2.35 pc at USD 26.95 bn
» 'India-US partnership can touch USD 1 tn by 2030'
» India, Vietnam set a target of $15 bn bilateral trade by 2020
» Cabinet nod to capital goods sector enhancement scheme
SME Times News Bureau | 18 Dec, 2012
A benchmark index for the equities markets closed over 120 points higher with rate sensitive banking and realty stocks attracting good buying on optimism of RBI easing monetary policy next month even as the central bank kept the interest rate unchanged in policy review on Tuesday.

The 30-share
BSE index Sensex jumped after RBI announced its mid quarter policy review and ended with a gain of 120.33 points, or 0.63 per cent, at 19,364.75.

The broad-based National Stock Exchange index Nifty rose by 38.90 points, or 0.66 per cent, to 5,896.80, led by stocks of banking, realty shares.

RBI kept the key interest rates unchanged, but hinted at easing of rates in January saying with decline in inflation, the focus of monetary policy would shift to removing impediments to growth.

Among other Asian markets, Japan's Nikkei was up 0.96 percent and Hong Kong's Hang Seng was lower by 0.18 percent. China's Shanghai Composite Index was down 0.29 percent.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
61.25
60.25
UK Pound
101.85
99.60
Euro
81.50
79.55
Japanese Yen 59.20 57.80
As on 16 Sep, 2014
  Daily Poll
Will PM's 'Come and make in India' mantra spur economic growth?
 Yes
 No
 Can't say
  Commented Stories
» Govt. approves subsidy for 2,221 cold storages(13)
» Starting an import export business: Basic guide for beginners(12)
» New MSME policy in 3-4 months: Kalraj Mishra(4)
» Planning a must for capitalising on social media(3)
» SC reserves verdict on coal blocks(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter