BSE Sensex and NSE’s Nifty 50 closed lower on Friday. Photo: Mint
- Mumbai: Benchmark indices BSE Sensex and NSE’s Nifty 50 closed lower on Friday following losses in global equities and hawkish comments by the Reserve Bank of India (RBI) in the monetary policy committee minutes. Asian markets slipped in the morning trade, weighed down by the technology stocks. Overnight US stocks closed lower. Viral Acharya, RBI deputy governor, said in the minutes that he is likely to shift decisively to vote for a beginning of “withdrawal of accommodation” at the next MPC meeting in June. Here are the highlights from the markets: