RBI's enthusiasm for the market
Mumbai: RBI's policy has boosted the equity market. Keeping interest rates unchanged and raising the growth forecast for this year to 6.8 percent has helped strengthen sentiment. Positive trends in global markets and falling crude oil prices have encouraged investors to buy quality stocks available at low rates. Shares of sectors that are sensitive to interest rates have gained ground. The Sensex, which ended eight consecutive days of losses, gained 715.69 points to settle at 80,893.31.
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