MUMBAI (Reuters) - The BSE Sensex nudged higher on Tuesday after a three-day slide on expectations the RBI will shift its policy stance toward supporting growth from fighting inflation after a steep drop in factory output. By 12:33 p.m. (0703 GMT), the main 30-share BSE index was up 0.17 percent at 15,898.86, after dropping as much as 0.6 percent in early trade. "The market is expecting a cooling in interest rates, which may trigger an uptrend in the short-to-medium term," said Suresh Parmar, associate vice president for institutional equities at KJMC Capital Markets. ...
0 comments:
Post a Comment