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Greetings from StockInvestingtips, your daily dose for updates from Indian stock markets.
Indian stock indices are in red as comments by RBI governor about Inflation has hit the rupee and markets hard. RBI Governor Subbarao's comments giving hints of probably rate cuts in june review as rising inflation would adversly affect june rate review and current account deficit for policy decisions.
The 30 component BSE's SENSEX is currently down by over 1.5 percent or -250.05 points at 19,968.75 level, while the broader index National Stock Exchange's NIFTY as trading lower by 78.10 points at 6,045.95 pts. Indian stock markets shall remain in red today as investor confidence in markets currently is not looking very promising.
Indian stock indices are in red as comments by RBI governor about Inflation has hit the rupee and markets hard. RBI Governor Subbarao's comments giving hints of probably rate cuts in june review as rising inflation would adversly affect june rate review and current account deficit for policy decisions.
The 30 component BSE's SENSEX is currently down by over 1.5 percent or -250.05 points at 19,968.75 level, while the broader index National Stock Exchange's NIFTY as trading lower by 78.10 points at 6,045.95 pts. Indian stock markets shall remain in red today as investor confidence in markets currently is not looking very promising.
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