Friday, 4 October 2019

Sensex tanks over 400 points after RBI outcome

Equity indices dropped over 400 points on Friday, after the Reserve Bank of India (RBI) cut interest rate for the fifth time in a row to almost a decade low, with a view to revive economic growth that hit a 6-year low of 5 per cent.

from Times of India https://timesofindia.indiatimes.com/business/india-business/sensex-tanks-over-400-points-as-repo-rate-cut-fails-to-impress-markets-nifty-ends-below-11200/articleshow/71439987.cms
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