07 April Sensex, nifty rangebound, repo rate unchanged 7.5%, stock news today

nifty rangeboundThe BSE share market remained lacklustre ahead announcement of RBI policy. The Reserve Bank of India repo rate unchanged at 7.5 per cent and Cash reserve ratio at 4 per cent.

RBI Governor Raghuram rajan says retail inflation will remain below 6 per cent in FY16 and GDP growth under new methodology is seen at 7.8 per cent in FY16.

Live update 11:30 Am, The Sensex is down 65.88 points or 0.23% at 28438.58, it’s Intraday touching a high of 28641.08 and the Nifty index is fall 19.70 points or 0.23% at 8640.20, it touching a high of 8693.60 in trade today.

About 1216 share have advanced, 913 share declined and 138 share are unchanged on the Bombay stock Exchange.

Bajaj Auto 2.83%, Gail 1.44%, Tech-mahindra 1.31%, Asian paints 1.13%, NTPC 1.15%, Reliance 0.85%, Hindalco 0.85%, HCL Tech 0.84%, PNB 0.71% were top gainers today.

Sun Pharma 1.39%, IDFC 1.37%, Tata motors 1.32%, ZEEL 1.29%, Axis bank 1.27%, Ambuja Cements 1.01%, Hero motocrop 0.97%, ICICI bank 0.93%, Infosys 0.93%, BPCL 0.79% were top losers today.