The Sensex and Nifty closed lower today after the RBI kept repo rate unchanged at 6 percent and reverse repo rate at 5.75%. While the Sensex fell 205 points to 32,597, Nifty was down 74 points to 10,044 level. Banking stocks were hit with the BSE Bankex falling 348 points to 28,110 level and Bank Nifty down 273 points to 24,851 on policy rate decision. Here are the key highlights, which will affect the market today.
4:22 PM: Hathway (5.93 percent), Reliance Communications (4.94 percent), Ajanta Pharma (4.68 percent) were the top losers on BSE.
4:20 pm: Reliance Industries (1.76 percent), Maruti Suzuki (1.42 percent) and Hindustan Unilever (1.05 percent) were the top gainers on Sensex.
4:00 pm: Sun Pharma (2.31 percent), SBI (2.21 percent) and ICICI Bank (1.96 percent) were the top losers on Sensex.
3:30 pm: Market breadth is negative with 960 stocks rising against 1668 falling on the BSE. 157 stocks are unchanged.
3:12 pm: BSE Bankex which constitutes 10 key banking stocks from the BSE 500 was trading 301 points or 1,07 percent lower at 28,154 level.
3:10 pm: All 12 components of the BSE Bankex were trading in the red after the RBI monetary policy committee announced its decision. SBI, Bank of Baroda and Punjab National Bank were down over 2 percent each.
3:09 pm: Bank Nifty was down 259 points to 24,864 level with SBI, Bank of Baroda, and Canara Bank losing over 2 percent each. All 12 bank Nifty components were trading in the red.
2:30 PM: RBI keeps repo rate unchanged at 6 percent.
1:15 pm: Sluggish demand and lower customer turnout due to the GST rollout made India's service activity contract for the first time in three months in November. The Nikkei India Services PMI Business Activity Index plunged from 51.7 in October to 48.5 in November.
1:00 pm: The value of shares pledged by the promoters of BSE-listed companies marginally dropped to Rs.2.78 lakh crore at the end of November from Rs.2.81 lakh crore at the end of October. Till November 2017, pledging of shares was seen in as many as 3,005 out of 5,148 (58% of) BSE-listed companies;
12:35 pm: Asian markets are down with Shanghai SE Composite Index falling (0.73 percent), Nikkei nearly 2 percent and Hang Seng (1.63 percent) as various factors including weaker metals prices and monetary policy concerns in China soured investor risk sentiment.
12:14 pm: Tata Steel (2 percent), SBI (1.64 percent) and Tata Motors (1.28 percent) are the top losers on Sensex.
12:11 pm: Metals, bank stocks lead losses; BSE metal index falls nearly 300 points, bankex down 143 points.
10:20 am: Indian companies have raised over Rs 1.28 lakh crore in the current fiscal so far by issuing bonds through private placement on BSE's electronic book mechanism, the exchange said today. The BSE-BOND was launched on July 1, 2016 to facilitate online bidding for private placement of debt securities. Since then, corporate India has raised Rs 3.43 lakh crore through it.