'Stock market today' RBI returned from the RBI policy to the stock market, Sensex rises 479 points, Nifty about 24750

After a few days, the stock market today sees brilliant brilliant. The Nifty started the new month with firms. The 50 -Hare index rose 194 points to more than 24,800. At around 12:15 p.m., the Nifty rose by 194.30 points or 0.79 percent to 24,805.40, while it closed at 24,611.10 on Tuesday. On the other hand, it is also seen that the Sensex is brilliant. The Sensex is 670.45 points or 0.84 percent to 80,938.06 after it was opened at 80,173,24 compared to the previous bandh level of 80,267,62. Why did the stock market faster? In its MPC policy address, the RBI Governor announced to keep monetary policy neutral, in addition to maintaining interest rates at 5.5 percent, after which the stock markets accelerated. Otherwise, the stock market used to be under great pressure due to the decline of eight consecutive sessions. The last time the Nifty fell eight consecutive days between February 18 and March 4, when it fell for ten consecutive sessions. Other factors supporting the stock market are this RBI meeting after the MPC meeting was seen in the Bank Nifty and the Financial Services Index. According to experts, RBI measures on capital market loans and banking operations have encouraged investors. The RBI suggested to expand the scope of capital market loans by banks, to provide more flexibility to borrowers’ account operations and remove regulatory limits on lending on listed securities. Strong world signs also helped quickly. South Korea’s Kospi closed on Tuesday, while US markets closed with an lead. Brent -Ru futures dropped by 1.4 percent to $ 67.02 a barrel, reducing the concerns on the inflation front and supporting the stock markets. In early trade, the rupee with 5 paise rose to 88.75 against the US dollar, which rose further in domestic stock markets. The instability index measuring investors’ perception fell by 3.68 percent to 10.66. In his speech, RBI Governor Sanjay Malhotra said that the current comprehensive economic conditions and future policy area have opened to further support the development. He said MPC noted that the impact of pre -monetary policy and recent fiscal measures is still underway. Mahindra & Mahindra said on Wednesday that sales of her sports utility vehicles increased by 10 percent in September, while it dropped in August. Bajaj Auto also recorded a 9 percent increase in total sales, including exports in September, which was 5,10,504 units. These shares of the Sensex are the fastest fastest Tata cars: 4.49 percent treatment: 3.19 percent Kotak Mahindra Bank: 2.96 percent Axis Bank: 2,38 percent Sun Pharma: 2.11 percent HDFC Bank: 1.34 percent Tech Mahindra: 1.22 percent ICICI Bank: 1,63 percent Share this story -tags