Day after rate hike, Indian markets subdued
Wednesday, 27 July 2011, 17:27 IST
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Mumbai: A benchmark index for Indian equities was ruling subdued, a day after the Reserve Bank of India hiked key interest rates. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,571.15 points, was ruling at 18,489.55 points, down 28.67 points or 0.15 percent from its previous close at 18,518.22 points. The Sensex had lost about 350 points following RBI's rate hike. The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading dull at 5,560.25 points, down 0.23 percent. Broader markets too were ruling lacklustre. The BSE midcap index was ruling 0.11 percent up and the BSE smallcap index was trading up 0.36 percent up.
Source: IANS
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