INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of Shri Bajrang Alloys (18.43 per cent) and Starlit Power Systems (15.48 per cent) jumped over 15 per cent on BSE in
morning trade on Wednesday, while equity markets were in the positive terrain ahead of RBI's policy meet outcome.
Stocks such as Bella
Casa Fashion Retail (14.13 per cent), BNR Udyog (13.64 per cent), Josts Engineering (12.56 per cent), Rajasthan Cylinders (12.48 per cent)
and Duke Offshore (12.23 per cent) surged over 12 per cent on BSE.
Transchem (11.68 per cent), Simplex Infra (11.29 per cent), JP Power
(11.04 per cent), India Cements (10.86 per cent), Spice Islands (10.54 per cent) and Premco Global (10.50 per cent) zoomed over 10 per
cent.
Equity markets were up ahead of the RBI policy outcome scheduled for later in the day
The Central Bank may deliver its first interest rate hike in nearly 4.5 years, says a Reuters report
However, there are others who feel that RBI may hold rates this time to hike them in the August and October policy reviews.
Benchmark NSE
Nifty50 index was up 44 points at 10,637, while the BSE Sensex was up 144 points at 35,047 around 10:45 am.
In the Nifty index, 37 stocks
were in the green, while 13 stocks in the red
In the Sensex kitty, 26 stocks were advancing and 5 were declining
Bajaj Auto, Bharti Airtel, Sun Pharma and Wipro were leading the pack of Sensex gainers.
