INSUBCONTINENT EXCLUSIVE:
Domestic stock markets started Thursday's session on a positive note, ahead of the outcome of the Reserve Bank of India's sixth bi-monthly
policy review of the current fiscal year
as 12,151.25, up 62.1 points from the previous close
Gains across most sectors - led by automobile, metal and energy stocks - pushed the markets higher
Analysts keenly awaited the release of policy statement by the RBI, which is widely expected to keep key interest rates on hold later in the
day.At 9:22 am, the Sensex traded 120.02 points - or 0.29 per cent - higher at 41,262.68 while the Nifty was up 44.50 points - or 0.37 per
On the BSE, 743 stocks moved higher while 276 traded lower
percentage gainers on the Nifty were Zee Entertainment, Yes Bank, Indian Oil, Vedanta and Cipla, trading between 1.34 per cent and 6.20 per
the top Nifty laggards.ITC, Reliance Industries, Larsen - Toubro and HDFC Bank were the top contributors to the gain in Sensex, together
accounting for a rise of nearly 50 points in the index.The six-member Monetary Policy Committee headed by RBI Governor Shaktikanta Das is
widely expected to maintain the status quo on key lending rates in its sixth bi-monthly statement of 2019-20, amid economic slowdown and
cheered expectations of more central bank stimulus and reports that scientists were developing a vaccine for the deadly coronavirusThe death
toll from a new coronavirus in mainland China jumped by 73 to 563 on Thursday, its third consecutive record daily rise, as experts
intensified efforts to find a vaccine for a disease that has shut down Chinese cities and forced thousands more into quarantine around the
