Reacting positively to the moderate rate hike announced by the Reserve Bank today, shares of rate- sensitive auto and realty companies rose in the range of 1-3 per cent at mid-session.
Analysts said the rake hike was moderate and largely in line with the expectation of market participants.
Two-wheeler major Hero Honda zoomed 2.34 per cent and [...]

The banking counters rebounded after an on-the-expected-line policy action by the Reserve Bank today taking the BSE Bankex nearly one per cent up, led by the market leader State Bank which gained over one percent.
Buoyed by the RBI move to leave the cash reserve ratio, which is the amount of funds banks have to park [...]

Indian markets were witnessing a lacklustre session as investors awaited Reserve Bank of India’s announcement on interest rates. Gains in auto and IT stocks were offset by losses in capital goods and power space.
National Stock Exchange’s Nifty was at 5415.15, down 3.45 points or 0.06 per cent. The 50-share index touched a high of [...]

Equites ended choppy session on a positive note as market factored interest rates hike by the Reserva Bank of India. The central bank hiked repo rate by 25 basis point and reverse repo rate by 50 basis points. The cash-reserve-ratio was untouched.

National Stock Exchange’s Nifty ended at 5427, up 8.4 points or 0.16 per cent. [...]

The RBI monetary policy review and Reliance results will set the tone for the Dalal Street this week, analysts said, while expressing optimism that the markets will continue the winning streak for the fourth week on back of strengthening fund inflows.
“Investor sentiment is upbeat and the Dalal Street may see hitting new highs this week. [...]

Auto stocks slid on Monday and dragged Indian shares down after top car maker Maruti Suzuki posted a surprise 20 percent drop in quarterly profit on the weekend, casting a gloom on the outlook. Maruti, which sells every second new car in India, dived more than 12 percent in its biggest intraday slide in over [...]

RBI said on Thursday trading in government bonds and other money market spot transactions will close at 5 pm (1130 GMT) instead of 5:30 p.m. (1200 GMT) from August 2.
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The Reserve Bank is likely to allow trading of currency options on bourses within a week, a senior RBI official said on Saturday.
“Maybe another week or so ,” RBI Chief General Manager Foreign Exchange Department (Trade) G Jaganmohan Rao told reporters here today.
“As of now, they are over-the-counter products. Soon, we will allow them [...]

The Bombay Stock Exchange’s (BSE) benchmark index, the Sensex, climbed nearly 1% on Tuesday, led by software majors and financials, with improved rainfall and firm world equities boosting sentiment.
Financials topped the gainers on expectations that loan demand would pick up in the world’s second-fastest growing major economy after China. Investors shrugged off concerns of a [...]

South-based Lakshmi Vilas Bank (LVB) has decided to form a separate subsidiary for its housing finance business. This move can be dilutive in the near term, but does hold promise in the long term, considering that housing finance companies operate on a higher return on assets ratio than banks.
The bank had earlier indicated that it [...]