STC NEWS DESKMUMBAI, APRIL 09 (STC): The Reserve Bank of India (RBI) Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) announced cut in repo rate by 25 basis point (bps) to 6% amid cooling inflation and slowing economic growth.Besides, the RBI has shifted the stance from neutral to accommodative.After a detailed assessment of the evolving macroeconomic…
STC BUSINESS DESKMUMBAI, APRIL 08(STC): The Sensex and Nifty 50 rallied sharply today, gaining over 2% intraday as markets rebounded from the previous session’s fall.The recovery was driven by strong bargain hunting, a broader recovery across Asian equities, and improved investor sentiment amid renewed hopes of progress in US tariff negotiations. This upbeat mood comes…
STC BUSINESS DESKAPRIL 07 (STC): Stock market witnessed bloodbath today as BSE Sensex and Nifty50 crashed in trade. Both stock market indices plunged 5% intraday before recovering partially.BSE Sensex ended the day at 73,137.90, down 2,227 points (2.95%). Nifty50 ended at 22,161.60, down 743 points (3.24%).This is the largest single-day decline in 10 months. The…
STC BUSINESS DESKAPRIL 06 (STC): Domestic benchmark indices suffered losses on Friday, in line with the global markets which tanked after US President Donald Trump’s reciprocal tariffs announcement. BSE benchmark Sensex settled 930.67 points or 1.22 per cent down at 75,364.69 while NSE Nifty 50 index settled below 23,000.It is to be seen whether the…
STC BUSINESS DESKMUMBAI, APRIL 04 (STC): Amid selling across the sectors, Indian equity indices ended on a weak note with Nifty below 23,000 today. At close, the Sensex was down 930.67 points (1.22 percent) at 75,364.69, and the Nifty was down 345.65 points (1.49 percent) at 22,904.45.On the sectoral front, Metal index plunged 6.5 percent,…
