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The 30-scrip Sensitive Index (Sensex) rose sharply in early trade on Wednesday after the announcement of the Reserve Bank of India's Monetary Policy Committee outcome.
Equities Jump in Early Trade on RBI's Accommodative Stance - The 30-scrip Sensitive Index (Sensex) rose sharply in early trade on Wednesday after the announcement of the Reserve Bank of India's...
The Reserve Bank's committment towards commitment to support the ongoing economic recovery along with reduction in investors' anxiety over Omicron variant lifted India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- for the second consecutive session on Wednesday.
To support a durable as well as lasting economic recovery amid concerns over the Omicron variant of coronavirus, the Reserve Bank of India on Wednesday retained its key lending rates along with the growth-oriented accommodative stance during the penultimate monetary policy review of FY22.
The Reserve Bank of India (RBI) is expected to maintain a status quo on key rates in its bi-monthly policy review to be announced on Wednesday as Omicron, a new