The stock markets closed in the green after 7 days. All sectoral indices ended up today with bank and financial services stocks rising the most
The stock markets closed in the green after 7 days. All sectoral indices ended up today with bank and financial services stocks rising the most
Daily 30 Sept 2022 |
Sensex 57,426.92 ▲ 1.80% |
The stock markets closed in the green after 7 days. All sectoral indices ended up today with bank and financial services stocks rising the most.
RBI announced a repo rate hike of 0.50%.
Top Gainers (Nifty 50)
Airtel: will launch 5G services in Varanasi and Ahmedabad tomorrow.
Top Losers (Nifty 50)
RBI hikes repo rate
RBI has hiked the repo rate by 0.50% in a bid to control inflation.
The Repo rate now stands at a 3-year high of 5.90%.
RBI Governor Shaktikanta Das mentioned that inflation is likely to come close to the target of 4% in 2 years.
GDP growth for 2022-23 is estimated at 7% and inflation is expected at 6.7%.


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