Markets end lower as RBI withdraws 'accommodative' stance, raises inflation forecast

The Indian equity benchmarks closed lower again on June 8, as the RBI expectedly raised the repo rate by 50 bps to 4.9 percent but its “withdrawal of accommodative stance”, indication of further rate hikes and an upward revision of inflation forecast for FY23 weighed on sentiment. At close, the 30-pack BSE Sensex was down 214.85 points, or 0.39 percent, at 54,892.49, while the Nifty declined 60.1 points, or 0.37 percent, at 16,356.25. Read here to know more

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Mumbai: Rs 500 fine, suspension of licence for 3 months if pillion rider caught without helmet
Meta Platforms to trade on Nasdaq under 'META' ticker
PM Modi to inaugurate Biotech Startup Expo 2022 in New Delhi
Delhi minister Satyendar Jain's ED custody till today in money laundering case
Qutub Minar case: ASI opposes temple 'restoration' bid; Saket court order today
SpaceX Falcon 9 launch with communication satellite
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PM Modi to inaugurate Indian National Space Promotion and Authorisation Centre HQ at Bopal in Ahmedabad
Rajya Sabha polls for 57 seats from 15 States
Indian Railways to start monsoon special trains
Kerala SSLC result 2022 for Class 10 Students on keralaresults.nic.in
West Bengal HS Result 2022 for Class 12 on wbresults.nic.in

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