MPC members differ over timing of growth recovery

The pace of economic recovery, inflation expectations and output gap dominated discussions at the Monetary Policy Committee’s (MPC) latest meeting, minutes released on Friday showed. This was the MPC’s first meeting after new members Jayanth R. Varma, Ashima Goyal and Shashanka Bhide joined the committee. While Reserve Bank of India deputy governor Michael Patra and […]

Sensex rises over 400 points, Nifty at 11,880; ONGC, SBI, ICICI Bank top gainers

Sensex, Nifty LIVE Updates on October 19: Market indices traded on a bullish note on Monday, amid positive Asian equities. SGX Nifty on the Singapore Exchange was rising 60 points higher, indicating positive trend in domestic grounds today. Sensex gained 457 points higher at 40,440 and Nifty was rising 116 points to 11,869. Meanwhile, September […]

Sensex rises 254 points, Nifty ends above 11,750; Tata Steel, BPCL, Hindalco top gainers

Market indices ended higher on Friday, amid mixed global equities, backed by heavy buying in banking and financial stocks. Sensex ended 254 points higher at 39,982 and Nifty gained 82 points to 11,762. Today, RBI is also set to release its weekly FX reserves figures. Yesterday, market indices fell heavily on profit-booking after 10 days […]