Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks Sensex and Nifty were trading nearly 3 per cent higher on Friday. S&P BSE Sensex was trading 778 points or 2.60 per cent higher at 30,725, while the broader Nifty 50 index was ruling at 8944, up 302 points or 3.5 per cent. As many as 25 stocks out of 30 Sensex stocks were trading in green today with IndusInd Bank as the top gainer on the index for the second consecutive session, up 15 per cent to trade at Rs 502.45, followed by Axis Bank, Bajaj Finance and ICICI Bank. On the flip side, Bharti Airtel was the top laggard, down over 3.5 per cent at Rs 461. Hero MotoCorp, Bajaj-Auto and HCL Tech were the top losers on the index.
The MPC decided to advance its meeting due on April 3 was decided for March 24, 25, 27 undertook careful evaluation, says RBI governor Shaktikanta Das. RBI Governor says outlook is now heavily contingent upon intensity, spread and duration of pandemic. RBI has cut repo rate by 75 bps to 4.4%. Reverse repo rate reduced by 90 bps to 4%. The RBI governor’s address comes a day after the Union Finance Minister Nirmala Sitharaman announced a Rs 1.7 lakh crore economic relief package to aid the economy amid 21-day nationwide lockdown due to fast-spreading coronavirus.