Sensex falls 150 pts; RBI maintains status quo on repo rate, sees inflation to rise

Epic Update RBIEpic Update RBI

The Reserve Bank of India has kept repo rate unchanged at 6 percent today and hence the reverse repo remained at 5.75 percent.

Consequently, the reverse repo rate under the LAF remains at 5.75 percent, and the marginal standing facility (MSF) rate and the bank rate at 6.25 percent.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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