Stock Market Opening Bell: Sensex climbs 150 points, Nifty crosses 24,700; SMIDs, Realty, Metal rally

Stock Market Opening Bell: Sensex climbs 150 points, Nifty crosses 24,700; SMIDs, Realty, Metal rally

Stock Market Opening Bell: Benchmark Indian equity indices, Sensex and Nifty, opened higher on Monday as the three-day meeting of the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) commenced. According to a Business Standard poll, the MPC is widely expected to maintain the status quo and keep key interest rates unchanged. The BSE…

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Midday Trade: Sensex falls over 550 points, Nifty below 25,500; PSU bank stocks lead, JB Chemicals drops 7%

Midday Trade: Sensex falls over 550 points, Nifty below 25,500; PSU bank stocks lead, JB Chemicals drops 7%

Afternoon trade: Indian equity markets continued to trade lower on Monday afternoon amid cautious investor sentiment and lack of fresh domestic triggers. At 14:13 pm, the BSE Sensex was down 518.29 points, or 0.62 per cent, at 83,540.61, while the NSE Nifty50 slipped 147.60 points, or 0.58 per cent, to 25,490.20. Heavyweights including M&M, Hero MotoCorp, SBI…

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