Sensex rises 1200 points and Nifty50 above 17,100 after Rbi announces 50 bps rate hike

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Sensex rises 1200 points and Nifty50 above 17,100 after Rbi announces 50 bps rate hike
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By CNBCTV18.com Sep 30, 2022, 2:23 PM STI (Update)

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SStock Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty50 opened on Friday with minor cuts before turning green after the Reserve Bank of India announced a 50 basis point hike in repo rates. The market will enter the October futures and options series after the Nifty50 fell 4% in the September series – its worst performance in a series since May 2022. This will hamper the world’s largest economy. Catch the latest updates on RBI policy updates with CNBCTV18.com’s blog.

Live stock market updates

: Indian equity benchmarks BSE Sensex and NSE Nifty50 opened with minor cuts on Friday before turning green after the Reserve Bank of India announced a 50 basis point hike in repo rates. The market will enter the October futures and options series after the Nifty50 fell 4% in the September series – its worst performance in a series since May 2022. This will hamper the world’s largest economy. Catch the latest updates on RBI policy updates with CNBCTV18.com’s blog.

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