Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 were staring at a muted start on Monday, as suggested by trends on SGX Nifty in early trade
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a muted start on Monday, as suggested by trends on SGX Nifty in early trade. Stock markets will function as usual on 7th February, Monday, even as Maharashtra Chief Minister Uddhav Thackeray on Sunday announced a public holiday after Lata Mangeshkar’s demise. Indian stock markets are likely to witness volatility this week on the back of domestic factors such as RBI policy decision and quarterly earnings, macro economic data, movement of the rupee, Brent crude and foreign institutional investors, among others. In the previous session, S&P BSE Sensex fell 143 points or 0.24% to close at 58,644 points while NSE Nifty 50 fell 43.9 points or 0.25% to end at 17,516. Asian stock markets were trading mixed in early trade. In Japan, the Nikkei 225 dipped 0.75% while the Topix index declined 0.38%. South Korea’s Kospi shed 1.05%.
Reserve Bank of India (RBI) on Sunday announced rescheduling of rate-setting Monetary Policy Committee (MPC) meeting by a day in view of Maharashtra declaring public holiday on 7 February 2022 to mourn death of Bharat Ratna legendary singer Lata Mangeshkar. The meeting was scheduled for 7-9 February 2022. With the postponement, the meeting will now begin on February 8 and the outcome would be announced on February 10.
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