Key Points
Equity benchmark index Sensex registered marginal gains to hit a fresh lifetime high of 74,248 on Friday after the Reserve Bank of India (RBI) maintained the status quo on key interest rates amid a negative trend in global markets...
The six-member rate-setting panel of RBI on Friday kept the benchmark interest rates unchanged at 6.5 per cent for the seventh time in a row..
It also expressed concerns over food inflation, given IMDs prediction of above-normal maximum temperatures during April-June...
Investors remain attentive to upcoming US non-farm payroll and unemployment data, seeking clarity on the Federal Reserves future rate path, Vinod Nair, head of research, Geojit Financial Services, said.. Kotak Bank was the largest gainer in the Sensex pack, rising 2.09 per cent, followed by Bajaj Finserve, HDFC Bank, ITC, SBI, M&M and ICICI Bank...
Among the banking counters, Kotak Mahindra Bank jumped 2.09 per cent to end at Rs 1,785.25, and HDFC Bank went 1.41 per cent higher to finish at Rs 1,549.40 apiece on the BSE...
