India VIX was up in the green. (Image: Reuters)stock market news today | Sensex, Nifty, Share Prices Live: Domestic equities started the day trading in positive territory as benchmark indices rose. s & P BSE Sensex Returned 59,000 on Monday morning, up 0.60% nifty 50 Again touched 17,600. Bank Nifty was above 37,500 while the broader market was outperforming the benchmark. india much add It was also in the green with a gain of 1%. NTPC The stock was the best performing Sensex, followed by a gain of 1.4% Mahindra & Mahindra, Dr Reddy’s and state Bank of India. On the other end, Nestle India was down 0.6% as the top laggard, followed by Tata Steel, And their.
Domestic stock markets are likely to keep an eye on global cues and the Monetary Policy Committee (MPC) of the Reserve Bank of India for this week’s momentum. The MPC will meet later this week from October 6 and conclude its deliberations on October 8. “The Central Bank is expected to maintain its accommodative stance to maintain adequate liquidity in the system and support economic activity,” said Vinod Nair, Head of Research at Geojit Financial Services. However, the US Federal Reserve has started a taper talk. reserve Bank of India It is not expected to move on expected lines anytime soon. “Given that economic activity has not yet returned to pre-pandemic levels, the RBI is unlikely to remove the training wheels of the economy. However, any deviation from this stance could result in whipsaw movement,” said analysts at Samco Research.
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