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Market Highlights: Sensex rises 460 points, Nifty end above 17,600-mark after RBI keeps rates unchanged

by Editor, February 21, 2022

The benchmark equity indices on the BSE and National Stock Exchange (NSE) extended their gains for the third successive day,

The benchmark equity indices on the BSE and National Stock Exchange (NSE) extended their gains for the third successive day, ending around 0.8 per cent higher on Thursday following the outcome of the Reserve Bank of India’s (RBI) monetary policy meeting where the central bank kept its key lending rates unchanged for the tenth consecutive time while maintaining an ‘accommodative stance’.

The S&P BSE Sensex climbed 460.06 points (0.79 per cent) to settle at 58,926.03 while the Nifty 50 rose 142.05 points (0.81 per cent) to end at 17,605.85. Both the indices had opened with marginal gains earlier in the day.

On the Sensex pack, Tata Steel was the top gainer of the day rising over 2 per cent, followed by Infosys, HDFC Bank, Housing Development Finance Corporation (HDFC), Kotak Mahindra Bank and Mahindra & Mahindra (M&M). On the other hand, Maruti Suzuki India, Nestle India, Ultratech Cement and Reliance Industries (RIL) were the laggards.

by Editor

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