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Sensex zooms over 350 pts, Nifty breaches 6,200 level after RBI policy

The wide-based National Stock Exchange index Nifty was trading 121 points, higher at 6,222 points after falling 8.45 points in early trade.

RBI may hike interest rate this week, MSF rate cut likely

Worsening price situation may prompt the Reserve Bank to raise interest rate by 0.25 percent in its policy review on Tuesday, but it is also likely to announce some liquidity easing steps.

Inflation to ease; RBI likely to cut MSF rate: Assocham

The Reserve Bank is scheduled to unveil its second quarter review of monetary policy on October 29.

Analysts expect RBI to hike repo rate by 0.25%

Official data released yesterday showed wholesale price inflation for the the month of September inching up to 6.46 percent from 6.10 percent for August.

Capital infusion in PSU banks to boost investment: Raghuram Rajan

RBI Governor Raghuram Rajan Tuesday said the Finance Ministry's decision to provide more capital to PSU banks will lower the borrowing cost and increase their capacity to lend, besides promoting investments.

Yield curve to ease on RBI measure to reduce MSF rate: MFs

A day after RBI cut marginal standing facility (MSF) rate by 50 basis points, fund managers today said the yield curve will ease due to improved liquidity situation.

Banking shares dazzle as RBI lowers short-term interest rate

Banking stocks on Tuesday rose by as much as 4 percent after the RBI cut a short-term interest rate, effectively lowering lenders' cost of funds ahead of the busy festive season.

'RBI move to curtail volatility, lower banks' borrowing cost'

Welcoming the RBI's move to cut the marginal standing facility (MSF) rate, industry body Assocham Tuesday said the step will curb volatility in the interest rates and lower cost of borrowing for banks.

Rupee ends unchanged at 61.79 against dollar

The rupee ended unchanged at 61.79 against the dollar Tuesday on alternate bouts of demand and supply amid surprise steps by the RBI to increase liquidity.

Rupee recovers 11 paise to 61.68 Vs dollar

The rupee on Tuesday recovered by 11 paise to 61.68 against the dollar in early trade at the Interbank Foreign Exchange market amid a higher opening in the stocks.

Sensex gains 125 points in pre-noon trade

Good buying was seen in capital goods, banking index (bankex) and auto sectors while selling pressure was seen in the metals sector.