A reduction in the Repo rate from current 6.25% to at least 6% will incentivise credit growth and improve private sector investment

Share Market updates: While the Sensex rallied 339 points to 39,012 in early trade, the Nifty climbed 85 points to 11,673.

Analysts attributed the increase in infusion to a shift in stance on monetary policy outlook by various central banks globally.

The 30-share index opened on a positive note at 38,452.47, but soon succumbed to heavy selling pressure, touching an intra-day low of 38,089.36. It finally closed at 38,164.61, down by 222.14 points, or 0.58 per cent.

Let's try to understand how much the country has gained or lost in the past year in terms of economic growth and issues matter to the common man.

The S&P BSE Sensex and Nifty50 could just wrap up the year with 4 per cent and 1 per cent gains, respectively.

The Indian currency had hit its all-time intra-day low of 74.45 against the US dollar on 11 October, 2018, making it one of the Asia's worst performers.

The equity market witnessed selling ahead of the weekend, with Sensex slumped 689 points or 1.89 per cent to close at 35,742, while Nifty closed 197 points lower at 10,754. Of 30 Sensex stocks, 27 ended in the red.

The BSE Sensex, which had dropped more than 250 points in morning trade, finally finished 52.66 points, or 0.14 per cent, lower at 36,431.67.

U.S. stocks and bond yields fell hard. With the Fed signaling \"some further gradual\" rate hikes and no break from cutting its massive bond portfolio, traders fretted that policymakers could choke off economic growth.