Markets Continue to Trade Higher Post RBI Policy Decision
Mumbai: Equity indices continued their rally in morning trade on Thursday after the Reserve Bank of India opted for a pause second time in a row, maintaining key benchmark policy rate at 6.5 per cent as inflation moderates.
Fresh foreign fund inflows in the domestic equity market also added to the optimism.
The 30-share BSE Sensex climbed 174.2 points to 63,317.16 in morning trade after the monetary policy announcement. The NSE Nifty advanced 49.2 points to 18,775.60.