[ad_1]
Stock Market Live: Today is an important day for the domestic stock market because the Reserve Bank of India will announce its monetary policy and the market is eyeing it. RBI’s credit policy will be announced today at 10 am. If the RBI increases the repo rate by 0.35 per cent as expected by the market, there is no possibility of much fall in the stock market. However, if RBI increases the repo rate by 50 basis points or 0.50 per cent, then selling in the market can also be seen increasing.
SGX Nifty declines
SGX Nifty is also trading with a decline this morning. In this, the level of 18726 is being seen with a fall of 26.5 points i.e. 0.14 percent.
How were the stock markets closed yesterday
In yesterday’s trade, the BSE Sensex closed at 62,636.26, down 0.33 per cent, and the NSE Nifty closed at 18,643, down 0.31 per cent.
Slight decline in US markets
US markets saw a decline yesterday and the Dow Jones Industrial Average closed at 33,596.30, down 350 points, or 1.03 per cent. In the Nasdaq Composite Index, trading has closed with a red mark at the level of 11,014.90 with a decline of 225 points i.e. 2 percent. The S&P 500 index closed at a level of 3941.26 with a decline of 57.58 points, or 1.44 per cent.
[ad_2]
Source link