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Sensex, Nifty Extend Gains As RBI Leaves Rates Unchanged

Sensex, Nifty Extend Gains As RBI Leaves Rates Unchanged

NDTV
Friday, October 08, 2021 06:17:51 AM UTC

The country's benchmark 10-year bond yield fell to 6.28% after the decision, while the Indian rupee slipped to 75.15 against the dollar.

The Indian equity benchmarks extended gains on Friday after the central bank kept key interest rates unchanged as expected, while traders waited for its commentary about liquidity normalisation.

At 11:27 am, the NSE Nifty 50 index was up 0.66% at 17,906 and the benchmark S&P BSE Sensex rose 0.63% to 60,038.29

The blue-chip Nifty 50 and the Sensex have gained nearly 10% since the central bank's policy meeting in August, scaling record highs on easing concerns about a third wave due to rapid vaccinations.

The country's benchmark 10-year bond yield fell to 6.28% after the decision, while the Indian rupee slipped to 75.15 against the dollar.

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