Wednesday, October 30, 2013

Sensex hits record closing of 21,034 points | ummid.com

Sensex hits record closing of 21,034 points | ummid.com
The Indian stock markets rallied for the second consecutive day after the Reserve Bank of India hiked the repo rate by 25 basis points along expected lines and cut Marginal Standing Facility (MSF) rate to ease liquidity. Interest rate-sensitive banking stocks have rallied following the RBI move.