Nifty, Sensex Edge Lower; RBI Policy Decision In Focus
Share market frontline indices opened lower on Thursday amid rising US-Mexico & US-China trade worries. Further, are keen only observing RBI’s monetary policy decision to be announced during mid-noon hours today. The BSE Sensex slipped 113-points at 39965-levl and the NSE’’s Nifty50 went down 53points to 11,968-level at 10.25am, Thursday. On the sectoral front, except Nifty FMCG, all the sectoral indices were trading in the red with major falls in Nifty PSU bank and Nifty Pharma index were falling 1.67 and 1.13% respectively. Realty, media, IT and financial sectors also led the losses moderately. Asian Paints, Coal India, PowerGrid, and Titan Company were among the top gainers on the Nifty, while GAIL, Indiabulls, Grasim, Ultratech and YesBank led the loss. GAIL India shares fell 9.36pc at Rs.324.70per share as the Company’s tariff hike was lower than expected. Shares of Dewan Housing Finance Corp (DHFL) fell 11.59pc as ICRA, CRISIL &CARE ratings downgraded the stock after the company defaulted on its interest payments on NCDs on Tuesday. Free Intraday Trading tips, MCX Free Tips, Commodity tips and Stock Tips Read the full article













