RBI policy impact: Stock mkts volatile; Sensex, Nifty down

August 05, 2014 12:56

The stock markets were volatile today following the Reserve Bank policy that kept the key rate unchanged but reduced SLR to infuse liquidity in the financial system, with BSE benchmark Sensex down over 130 points in the afternoon trade.

The Sensex moved into the negative zone following the RBI policy but rose over 108 points after that, only to trade 160 points down later. It was trading 0.53 per cent, down 136.49 points at 25,586.87 at 1230 hrs.

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