Tag: rbi monetary policy

Benchmark equity indices declined in early trade on Friday, extending their previous day's weak momentum, amid a largely negative trend in Asian markets. Trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking system. The 30-share BSE Sensex fell 219.52 points to 65,468.66. The NSE Nifty declined 64.2 points to 19,478.90. From the Sensex pack, JSW Steel, Hindustan Unilever, ICICI Bank, NTPC, IndusInd Bank, Tata Steel, ITC and Kotak Mahindra Bank were among the major laggards....