Sensex dives 205 points on RBI status quo, inflation outlook - News Summed Up

Sensex dives 205 points on RBI status quo, inflation outlook


SBI, ICICI Bank, Axis Bank, HDFC Bank, Bank of Baroda, Punjab National Bank and Yes Bank fell by up to 2.27%. The central bank kept the economic growth forecast unchanged at 6.7% for the fiscal ending 31 March. SBI, ICICI Bank, Axis Bank, HDFC Bank, Bank of Baroda, Punjab National Bank and Yes Bank fell by up to 2.27%. Sector-wise, the BSE metal index fell the most by 2.03%, followed by telecom 1.38%, PSU 1.32%, banks 1.23%, infrastructure 1.15%, capital goods 1.09%, healthcare 1.02%, power 0.91% and auto 0.73%. The mid-cap index shed 0.89% and small-cap declined 0.66%.


Source: Mint December 06, 2017 12:00 UTC



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