Taking Stock: RBI’s ‘temporary pause’ hits D-St; Nifty holds 12k
Episode 1982, Dec 05, 2019, 10:50 AM
Indian market witnessed pared gains and slipped in red after the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to maintain a status-quo stance on rates as against a 25 bps rate cut which was widely expected.
It kept key policy rates unchanged at 5.15 percent, and the reverse repo rate unchanged at 4.9 percent.
It kept key policy rates unchanged at 5.15 percent, and the reverse repo rate unchanged at 4.9 percent.