Tuesday, 2 February 2016

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The S&P BSE Sensex started flat in morning trade on Tuesday ahead of RBI policy review, led by gains in Infosys, Tata Motors, Sun Pharma, L&T, and HDFC Bank.The Nifty50 was trading above its crucial psychological level of 7550, supported by gains in consumer durable, capital goods, auto, and realty stocks. 

Traders said investors also drew comfort from the Bank of Japan's unexpected stimulus measures, which had sent Asian shares including in India rallying.But broader gains were capped ahead of the Reserve Bank of India's policy review on Tuesday. Most analysts expect the central bank to leave its key interest rate on hold.

1 comment:

  1. New India Assurance post strong set of number in (Q2fy2018)
    o Gross written premium up 12.2 percent at Rs 6,489.2 crore
    o Profit up 187.5 percent at Rs 748.3 crore
    o Combined ratio improved to 112.5 percent
    o Solvency ratio stood at 2.24 from 2.04
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