The Sensex is up 566.65 points or 2 percent at 27913.47, after gaining almost 600 points in opening. The Nifty is up 147.65 points or 1.7 percent at 8425.20.
About 574 shares have advanced, 84 shares declined, and 228 shares are unchanged.
All banks are up while SBI gained 5 percent.
The Reserve Bank of India surprised the market by cutting repo rate by 25 basis points to 7.75 percent from 8 percent, with immediate effect, ahead of its policy review on February 3.
The Indian rupee gained 30 paise in the early trade. It has opened at 61.88 per dollar versus 62.18 Wednesday.
About 574 shares have advanced, 84 shares declined, and 228 shares are unchanged.
All banks are up while SBI gained 5 percent.
The Reserve Bank of India surprised the market by cutting repo rate by 25 basis points to 7.75 percent from 8 percent, with immediate effect, ahead of its policy review on February 3.
The Indian rupee gained 30 paise in the early trade. It has opened at 61.88 per dollar versus 62.18 Wednesday.
Get
free trading in equity tips, free equity tips, stock tips, stock cash
tips, stock futures tips, commodity tips, nifty tips, nifty futures,
mcx tips, ncdex tips, and share market tips etc.
0 comments:
Post a Comment