The same in other media
Markets end lower despite policy rate cut, liquidity dose
Reading now: 509
MUMBAI : Indian stock markets appeared to be disappointed on Friday despite the Reserve Bank of India’s announcement of the much-awaited cut in interest rates.
The central bank announced multiple measures, including reduction in interest rates, to address economic disruptions caused by the 21-day nationwide lockdown in view of the Covid-19 outbreak.
Equity markets, however, settled lower after rising 6% in early trade. The BSE Sensex ended at 29,815.59, down 131.18 points, or 0.44%.
The 50-share index Nifty was at 8,660.25, up 18.80 points, or 0.22%. According to analysts, capital markets were disappointed as the RBI did not offer any direct help to ailing industries, though the central bank is playing every card in its pocket to prevent a
Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
|
