Reports » India
Indian stock market daily closing report (September 17, 2012)
September 17, 2012, Monday, 13:54 GMT | 08:54 EST | 17:24 IST | 19:54 SGT
The markets started the week on positive note today on account of government policy initiative declared on late Fr iday. The Markets ended up around 0.50% in today's trading session.
The RBI in its monetary policy review meet,declared 25 basis point cu t in CRR which will stand at 4.5%. The repo & reverse repo rate are kept unchanged at 8% & 7% respectively on acco unt of high inflationary pressure. The market pared some of its gains after RBI declaration.
The breadth of the market was positive in today's trade.
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