Sensex, Nifty rise after RBI holds key rates amid rising Covid cases Sensex, Nifty rise after RBI holds key rates amid rising Covid cases
The NSE Nifty 50 index rose 0.8% to 14,809.70 and the S&P BSE Sensex was up 0.7% at 49,559 by 10:19 am.
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UPDATED: April 7, 2021 11:19 IST
Domestic benchmark indices rose after RBI decided to hold key interest rates in the wake of rising Covid-19 cases. (Photo: Reuters)
Indian shares and bond yields rose on Wednesday after the country s central bank kept key interest rates unchanged to support the economy against the backdrop of a second surge in domestic coronavirus cases.
The Reserve Bank of India (RBI) kept interest rates steady at record lows on Wednesday, as widely expected, amid concerns rising Covid-19 infections could derail the country s nascent economic recovery.
RPT-Indian shares inch up ahead of central bank rate decision
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