The RBI, maintaining its key interest rate for the fifth consecutive meeting, underscores a commitment to price stability, while also revising the GDP growth forecast for FY24 to 7% and retaining the CPI inflation forecast at 5.4 percent.
In Stock Market Today, amid volatility, Nifty and Sensex concluded lower, while power stocks experienced a rally.
In Stock Market Today, closing with a record run: Nifty at approximately 20,950, Sensex above 69,600.
The stock market continues its bullish trend with Nifty reaching 20,850 and Sensex gaining 431 points.
The market achieves record highs as Sensex gains 1384 points, with Nifty reaching approximately 20,700.
Factors that will fuel stock market are BJP’s strong show in state elections , Positive global cues, Hopes of peaking interest rates, A return of FIIs