Indian stocks remain in green for the fourth day; Sensex jumps 256 points | Einsmark news

Mumbai (Maharashtra) [India]June 9 (Ani): The Indian stock indices ended on a positive note on Monday, and rose for the fourth consecutive session, and he continued to lower a sign of the RBI’s decision to lower the repo rates by 50 basis points. The Sensex closed 82,445.21 percent, 256.22 points or 0.31 percent higher, while Nifty closed with 25.103.20 points, 100.15 points or 0.40 percent higher. “Financial shares have expanded their rally in Indian markets, powered by the RBI’s supporting aggressive policy of course and CRRA cutting. These actions have increased investor confidence and are expected to increase the liquidity at the nearby medium term, especially in the middle,” says Vinod Nair, head of research, Geojit Investments Limited. All sectoral indices ended their day in the green area except Nifty Realty. Out of all sectors, Nifty Financial Services Ex-Bank was the top keeper, followed by Nifty Psu Bank and Nifty Oil & Gas. “Bank stocks were the striking artists of the session, with the bank Nifty index expanding its rally to hit a fresh high. added employers last month 1,39,000 posts. In general, even large caps renewed momentum led by FIIS inflow, “Vinod Nair added. On Friday, RBI decided to reduce the policy repo rate under the liquidity adjustment facility by 50 basis points to 5.5 percent. each.