QUOTE(mail2raghav @ Sep 20 2013, 05:37 AM)
At 10:00 am BSE SENSEX traded at 20615.95 down 23 points or 0.12% and NSE Nifty traded at 6111.30 down 0.08%.
BSE Auto index down 41 points, Bankex traded below 57 points and FMCG indx dropped 34 points while BSE Healthcare, IT and Technology gained today.
Foreign institutional investment increased investors bought shares of Rs 3543.84 cr. In Asian market China's Shanghi Composit index and Hongkong Hang Seng index traded positive.
RBI increased Repo rate by 25 basis points to fight inflation. This is the first policy review under leadrship of new Governor Raghu Ram Rajan.
The Reservre Bank of India raised repo rate 7.25%, RBI reduced minimum daily maintenance of the cash reserve ratio from 99% to 95% and reduced marginal standing facility rate by 75 basis points to tighten liquidity measures.