Share Market News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty opened with gains in Tuesday morning and added to those gains during the day. Sensex gained over 600 points while the Nifty 50 crossed the 11,000 mark. Reliance Industries and HDFC Bank were the top gainers on Sensex. Tech Mahindra, HCL Tech, and IndusInd Bank were the worst performer. Among sectors, Nifty Auto was the top gainer along with Nifty Media. Nifty IT along with Banking indices were trading with losses.
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will begin its three-day deliberations today. MPC, the body tasked with determining the policy interest rates required to achieve the inflation target is being keenly watched by market participants as the coronavirus induced lockdown slows the economic growth down. With the GDP expected to shrink at least 5% by most estimates, the MPC has its task carved out. The RBI could also announce what it plans to do with the loan moratorium that ends this month.
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