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Indices end with marginal losses after RBI's move on repo rate

The Statesman

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December 07, 2024

Among the sectors, Nifty Metal led the gains with a rise of 1.23 per cent

- STATESMAN NEWS SERVICE

Indices end with marginal losses after RBI's move on repo rate

Benchmark indices ended with marginal losses in the volatile session on Friday after RBI delivered on expected line by keeping the repo rate unchanged and cutting the CRR.

Nifty 50 and Sensex showed little movement with Nifty closing below 24,700 after a series of key announcements by the RBI.

At close, the Sensex was down 56.74 points or 0.07 per cent at 81,709.12, and the Nifty was down 30.60 points or 0.12 per cent at 24,677.80.

Sensex wrapped up the week with a notable uptick of 2.39 per cent while the Nifty 50 posted a sharp weekly gain of 2.27 per cent.

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