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11:50 AM, The 30 share Sensex is trading down 64.50 points or 0.31% at 20642.95, it touch a high of 20795.35 and touch a low of 20554.28. The 50 share nifty is trading falls 24.85 points or 0.40% at 6111.00. it touch a high of 6163.60 and touch a low of 6085.95.
Tata steel, Tata motors, Bajaj Auto,RIL, M&M, Hindalco Inds, Sesa Goa, Maruti Suzuki, Dr. Reddy’s, HDFC, Coal India, ONGC, Hero Motocrop were top Sensex gainers.
Hind.uniliver, Axis bank, Sun Pharma, Cipla, Infosys, HDFC bank, ICICI bank, Wipro, ITC, TCS, Tata power, L&T, BHEL were Sensex top losers today.
RBI HIKES REPO RATE:- The Reserve bank of India (RBI) has given surprised the market once again by hikes repo rate by 25 basis points. The banker and economists felt the central bank was expected to farewell repo rate unchanged at 7.75 per cent. RBI has hiked MSF (marginally standing facility) by 25 basis point to 9% and kept CRR (cash reserve ratio) unchanged.