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MARKET LIVE: Sensex gains 300 points as RBI keeps repo rate unchanged
Market live updates: Aviation stocks -- SpiceJet and InterGlobe Aviation -- gain in trade
Topics
MARKET LIVE | Markets | Sensex
SI Reporter |
Last Updated at December 4, 2020 10:18 IST
EVENT HIGHLIGHTS
LIVE Market updates: The Indian markets added to their early gains in Friday's morning deals after the Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 4 per cent while maintaining the 'accomodative' stance.
RBI Governor Shaktikanta Das said the MPC voted unanimously to keep the rates unchanged. "We will use various instruments at appropriate time to ensure enough liquidity," the RBI governor said.
Among headline indices, the S&P BSE Sensex was trading 300 points up at 44,950 levels and the Nifty50 index was above the 13,200 level. Ultratech Cement (up 4%), Laren & Toubro (up 2%), and ICICI Bank, Mahindra & Mahindra, and Bharti Airtel (all up 2%) were the top Sensex gainers.
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