MUMBAI: Benchmarks slipped towards day's lows after a knee-jerk reaction following the Reserve Bank of India's moved to hike interest rates by 25 basis points. The central bank has hiked repo rate to 7.5 per cent and reverse repo rate to 6.5 per cent. In a hawkish tone, the RBI said it will continue to persist with anti-inflationary stand.
Sensex slips lower; tech, metals, oil & gas down - Economic Times
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At 1:15 pm; Bombay Stock Exchange's Sensex was at 18013.60, down 118.64 points or 0.65 per cent. The 30-share index hit a high of 18115.10 and low of 18005.82 intraday. National Stock Exchange's Nifty was at 5409.70, down 37.80 points or 0.69 per cent. The broader index touched a high of 5447.50 and low of 5404.40 in trade so far.Sensex slips lower; tech, metals, oil & gas down - Economic Times
