pinnaclefinanceindore
Wednesday Morning Bell
#Equity benchmarks extended gains in morning trade, with the Nifty trading above 9650 level ahead of outcome of monetary policy committee meeting due later today. The 30-share #BSE #Sensex was up 109.21 points at 31,299.77 and the 50-share #NSE #Nifty rose 27 points to 9664.15. Majority of experts expect the #RBI to maintain status quo. RBI's commentary would be closely watched. According to LKP, the central bank is likely to hold key rates even as the government is making a case for a lower interest regime citing low inflation. The broader markets outperformed benchmarks, with the BSE #Midcap and #Smallcap indices rising over half a percent. About two shares advanced for every share falling on the BSE.
Wednesday Morning Bell
#Equity benchmarks extended gains in morning trade, with the Nifty trading above 9650 level ahead of outcome of monetary policy committee meeting due later today. The 30-share #BSE #Sensex was up 109.21 points at 31,299.77 and the 50-share #NSE #Nifty rose 27 points to 9664.15. Majority of experts expect the #RBI to maintain status quo. RBI's commentary would be closely watched. According to LKP, the central bank is likely to hold key rates even as the government is making a case for a lower interest regime citing low inflation. The broader markets outperformed benchmarks, with the BSE #Midcap and #Smallcap indices rising over half a percent. About two shares advanced for every share falling on the BSE.