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Friday, August 3, 2018

Repo rate hike, global cues downs Sensex 356 points

On Wednesday, the monetary policy committee (MPC) of the RBI effected the first back-to-back rate hike in almost five years, citing inflationary pressure. As a result, the benchmark Sensex snapped a seven-day winning run during which it had gained 1,110.21 points​​​​​

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2v8cxI4
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