rbi-hikes-repo-rate-by-0-25-to-7-5-part-1

RBI hikes repo rate by 0.25% to 7.5% Part - 1

Mumbai, Sep 20 (ANI): Reserve Bank governor Raghuram Rajan on Friday hiked the key repo rate by 0.25 per cent hereby increasing it to 7.5% from 7.25% with immediate effect. Sep 20, 2013
sensex-surges-over-600-points-to-2013-high-on-us-fed-reserves-move

Sensex surges over 600 points to 2013 high on US Fed Reserve's move

New Delhi, Sep 19 (ANI): The Sensex of the Bombay Stock Exchange surged over 600 points after a stop-gap-up start and hit fresh high of 2013, as the U.S. Federal Reserve took a decision to continue with the stimulus programme to boost economic sentiment. All the sectoral indices were in the green with banks, with realty and auto stocks leading the rally on hopes of dovish stance by the Reserve Bank of India Governor Raghuram Rajan at its policy review meet. At 9:35 a.m.; the 30-share index was at 20,509.93, up 547.77 points or 2.74 per cent. It touched a high of 20,567.61 and a low of 20,347.30 in early trade. Sep 19, 2013