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HomeBusinessSensex jumps 600 points as RBI raises FY25 GDP growth forecast

Sensex jumps 600 points as RBI raises FY25 GDP growth forecast

Sensex jumps 600 points as RBI raises FY25 GDP growth forecast


Indian shares held steady after the Reserve Bank of India kept interest rates unchanged as widely-expected and retained its tighter monetary stance. The NSE Nifty 50 index was up 0.67% at 22,968.9 points and the S&P BSE Sensex added 0.64% to 75,624 points after the rate cut decision. The Reserve Bank of India (RBI) kept its key interest rate unchanged in a widely expected move as robust economic growth continues to provide space to focus on bringing down inflation towards its medium-term target of 4%.

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)



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