Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points


Source: businessinsider.in businessinsider.in

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Sensex Nifty RBI's interest rate decision Advertisement Advertisement Advertisement Benchmark equity indicesandretreated from their record peaks and traded lower in early trade on Friday as investors turned cautious ahead of, amid muted global trends and higher crude oil prices. The six-member rate-setting panel, which began its deliberation on Wednesday, will announce the decision on Friday.The 30-share BSE Sensex tanked 196.49 points or 0.25 per cent to 74,031.14. The broader NSE Nifty also declined 72.85 points or 0.32 per cent to 22,441.80.Among the Sensex constituents, 24 stocks were trading in red with Tech Mahindra, JSW Steel, L&T, Tata Steel, and Axis...