Sensex drops 132 points after RBI policy outcome, banking stocks drag
The Hindu
The 30-share BSE index ended 132.38 points or 0.25% lower at 52,100.05, while the broader NSE Nifty slipped 20.10 points or 0.13% to 15,670.25.
Equity benchmark Sensex declined 132 points on Friday, led by profit-booking in banking stocks after the Reserve Bank of India's monetary policy announcements. The 30-share BSE index ended 132.38 points or 0.25% lower at 52,100.05, while the broader NSE Nifty slipped 20.10 points or 0.13% to 15,670.25. Nestle India was the top laggard in the Sensex pack, shedding around 2%, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy’s.
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