Podknife - 2951: Taking Stock: Dovish RBI policy boosts market; Nifty closes above 11,900 levels by Moneycontrol Podcast

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2951: Taking Stock: Dovish RBI policy boosts market; Nifty closes above 11,900 levels

Podcast |: Moneycontrol Podcast
Publisher |: moneycontrol
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business
Publication Date |: Oct 09, 2020
Episode Duration |: 00:03:37

Indian market rallied for the seventh day in a row to hit a fresh 7-month high on Friday led by financial after Monetary Policy Committee (MPC) kept its focus on boosting growth even without a rate cut and kept the stance ‘Accommodative’. The S&P BSE Sensex rallied over 300 points while the Nifty50 closed above 11900 levels. However, the broader markets underperformed.

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