S&P BSE Sensex NSE Nifty 50 LIVE COVID-19 Updates Sensex Nifty Rise Ahead Of RBI Policy Decision

INSUBCONTINENT EXCLUSIVE:
Zee Entertainment, ONGC and Tech Mahindra were among the top Nifty gainersHighlightsSensex rises as much as 0.83% to touch 37,976.72 after a
positive start
Nifty climbs to 11,186.05 at strongest level recorded in early deals
Analysts await RBI's policy announcement due
around noonDomestic stock markets started Thursday's session on a positive note, ahead of the outcome of the Reserve Bank of India's
three-day policy review
The S-P BSE Sensex index rose 0.83 per cent - or 313.39 points - to 37,976.72 at the strongest level recorded in early trade, having started
The broader NSE Nifty 50 benchmark climbed to as high as 11,186.05, up 84.4 per cent from its previous close, after starting the day at
11,185.70
trimmed half of early gains by 9:27 am
rose the most among the 37 gainers in the 50-scrip Nifty basket.On the other hand, Maruti Suzuki, Eicher Motors, Axis Bank, Bharti Airtel
and Shree Cement, down between 0.40 per cent and 1.04 per cent each, were the top Nifty losers.Around two-thirds of economists in a poll by
cent.At present, the repo rate - or the key interest rate at which the RBI lends short-term funds to commercial banks - stands at 4 per
Will There Be A Rate Cut?)This is the first scheduled policy review since February.The Monetary Policy Committee has already met twice
outside its bi-monthly cycle, first in March and then in May, on account of the fast-changing macroeconomic situation arising from the