Share Market LIVE: Sensex off day’s high, up 600 points, Nifty tests 9,200, TCS, private bank stocks lead

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 index were trading nearly 2 per cent higher on Friday as RBI Governor Shaktikanta Das announced to cut reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent maintaining the repo rate unchanged. The 30-share Sensex was trading at 31,158.78, up 556 points or 1.82 per cent. While the broader Nifty 50 index was ruling 172 points or 1.92 per cent up at 9,165. Out of 30 Sensex stocks, 22 stocks were trading in positive territory with TCS, Bajaj Finance, Power Grid and Maruti as the top gainers. On the other hand, Sun Pharma, HUL, Tech Mahindra and Nestle India were among the top Sensex losers. Barring Nifty FMCG and Nifty Pharma, all the Nifty sectoral indices were trading higher in Friday’s trade. Nifty Realty index was up 4.7 per cent led by gains in Oberoi Realty, Sobha and DLF.

Reserve Bank of India (RBI) Governor Shaktikanta Das in a press conference informed that RBI has been very proactive, and have been coming out with announcements. In his previous meeting, Shaktikanta Das had announced an emergency rate cut of 75 basis points.

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