MARKET LIVE: Sensex off highs, up 350 pts; Paytm, Zomato jump up to 6%
STOCK MARKET LIVE: Equity benchmark indices pared gains following the Reserve Bank of India’s 25 basis points repo rate hike. The BSE Sensex was up 350 points to 60,644 , while the NSE Nifty gained 115 points to remain above 17,800 level. RBI governor Shaktikanta Das said the MPC decided to hike the repo rate with a split stance of 4:2, retaining the stance at withdrawal of accomodation. The governor affirmed that core inflation remains sticky and FY24 inflation is likely to remain above the 4 per cent target.
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