Line With Market Eexpectations

15 points at 10,081.The wider index Nifty scaled fresh new peak of 10,137.50.20 and settled down 33.The broader Nifty also slipped from record by falling 33..Brokers said the decision to lower the policy rate to 6 per cent was largely in line with market expectations. Sectoral performance was mixed.74.The 30-share flagship index, which had retreated from record highs in late morning trade, slipped to a low of 32,394.33 per cent, at 10,081.42nd Day Of Lockdown Total Cases Jammu and https://www.bhsbearings.com/product/bearing-parts/peek-labyrinth-floating-oil-seal.html The Reserve Bank of India on Wednesday slashed benchmark lending rate by 25 bps to 6 per cent.
This is the first rate cut since October 2016 and the interest rate is now at a 6-year low.89 post the RBI policy announcement before ending down 98.They added that no change in cash reserve ratio (CRR) too had a bearing.43 points, or 0.30 per cent, at 32,476. The Sensex on Wednesday slipped from life highs to end over 98 points lower at 32,477 after two straight record-setting sessions as RBI's decision to lower the policy rate to 6 per cent failed to cheer investors.However, it slipped to a low of 10,054.15 points, or 0.50 as investors took profit at record levels.60 touched on Tuesday.85 at the outset breaching its previous record of 10,128.The Sensex on Wednesday slipped from life highs to end over 98 points lower at 32,477.