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Stock Market Update: Sensex, Nifty Close In Green; RBI Decision, Falling Crude Oil Prices Lift Dalal Street
['Sreeja Chowdhury', 'Post Published']
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Stock Market Update: Sensex, Nifty Close In Green; RBI Decision, Falling Crude Oil Prices Lift Dalal StreetSensex and Nifty closed higher after RBI kept rates unchanged.
Reliance, SBI led gains as crude oil prices softened and market sentiment improved.
Helped by a decrease in crude oil prices and positive global sentiments, investors have maintained a positive sentiment in the market, but gains have been modest due to selective buying.
Sentiment in the market was lifted by falling crude oil prices.
A fall in global crude prices has eased inflationary pressures as well as India’s import bill, thus bringing relief to domestic investors.