Big Stories
Nifty ends higher on rate cut but logs sixth week of declines
- By Reuters |
- bigstories
BENGALURU - India's Nifty blue-chip index closed slightly higher on Friday after wild swings late in the session, as the country's central bank slashed interest rates to counter the economic damage from a 21-day lockdown aimed at curbing the spread of coronavirus. The Nifty closed 0.2% higher at 8,660.25, while the Sensex finished the session 0.44% lower at 29,815.15. Still, both indexes recorded their sixth straight week of declines amid historic sell-offs in global stock markets as the virus locks down several co...
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Will Nifty slip 6900 levels?
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