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Even if the repo is increased, there is no break..

by luffypresscompa2209
August 5, 2022
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Sensex rose by 89 points

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Equity markets also ignored the news that RBI has increased the repo rate by another 0.50 percent. With this, the domestic stock markets ended with gains on Friday. In the trading that continued throughout the day, the Sensex ended with a gain of 89.13 points at 58,387.93, while the Nifty closed at 17,397.50 points with a gain of 15.50 points. Sensex gained 350.39 points to touch a high of 58,649.19 points intraday. Sensex gained 817.68 points and Nifty gained 239.25 points for the entire week. With the continued inflow of foreign funds, the drop in crude oil prices has helped the market. Meanwhile, the rupee gained 16 paise to close at 79.24 against the dollar in the forex market.

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