Tag: consumer stocks

BENGALURU: Indian shares declined on Thursday, dragged by financials on the central bank's measures to reduce excess liquidity, and consumer stocks on inflation concerns, after the Reserve Bank of India held its key rates steady, as expected.The Nifty 50 closed 0.46% lower at 19,543.10, while the S&P BSE Sensex fell 0.47% to 65,688.18.While the RBI kept the key repo rate unchanged for the third time in a row at 6.5%, governor Shaktikanta Das said there could be a substantial rise in headline inflation in the near-term and flagged...