Rbi Policy Review

Sensex opens in red on hawkish RBI; Bharti up 3% on stake sale

The Indian equity markets opened in the red ahead of key RBI policy review at 11 am. Sensex opened at 19697.87, down 0.19 percent and the Nifty opened at 5985.85, down 0.23 percent.

Rajan picks inflation over growth: Highlights of RBI policy

The hike was in line with what most analysts and experts had predicted and the markets reacted positively to it. Here are the highlights from the second quarter monetary policy review:

Growth or Inflation? Myriad questions RBI faces ahead of policy review

The bond market is certain that the central bank will increase its repo rate by a 25 basis points to 7.75 percent, but when it comes to liquidity, it has no clue as to what the RBI's actions would be.

IDBI Bank cuts lending, deposit rates by 0.25%

Within hours of Reserve Bank reducing the key policy rates, IDBI Bank today slashed its lending and deposit rate by 0.25 percent.

RBI policy review fine print disappoints; markets close in red

Sensex down as investors worried over RBI policy fine print. The Sensex ended at 19990.90, down 0.56 percent, and the Nifty at 6045, down 0.41 percent.

Sensex, Nifty open flat on global, local uncertainty

After a volatile session on Tuesday reacting to RBI's policy review, the Sensex opened flat at 17234.96 points marginally down 8 points. The Nifty is also down at 5224.80 points.

Sensex, Nifty inches up ahead of RBI; midcaps outdo largecaps

After starting the week with strong gains, the Sensex today opened almost flat at 17,207 points, gaining close to 64 points and Nifty is up by 18 points at 5224 points ahead of the the RBI's first quarter review of monetary policy today.

Rate cut hopes: RBI may lower cash reserve ratio too

The Reserve Bank of India may sweeten its expected 25 basis point interest rate cut on Friday with a similar reduction in the cash reserve ratio to ease tight market liquidity conditions as increasingly benign inflation gives it room to manoeuvre.

No-action policy from RBI, but growth focus clearer

The Reserve Bank of India today unveiled a no-action policy review, as against a wide expectation of a cut in banks' cash reserve ratio. The inaction on the rate front was in keeping with the expectation.

Rupee surges as traders wait for RBI policy review decision

The rupee traded at 54.78/79 versus its previous close of 54.84/86 as traders await the Reserve Bank of India's policy decision at 11.00 am for direction.