Tag: RBI policy meet

BENGALURU: Indian shares advanced on Wednesday, powered by metal stocks, ahead of the Reserve Bank of India's (RBI) policy decision on Thursday.The Nifty 50 index was up 0.32% at 19,632.55, while the S&P BSE Sensex settled 0.23% higher to 65,995.81.European markets rose after Italy said that windfall tax on bank profits would be lesser than feared, lifting mood after deflation concerns in China and a Moody's downgrade of several small to mid-sized U.S. banks hurt sentiment.Eight of the 13 major sectoral indexes gained, with the metal index adding...