PM Modi visit USA
Only the mirror in my washroom and phone gallery see the crazy me : Sara Khan
Karnataka rain fury: Photos of flooded streets, uprooted trees
Cannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfit
Ranbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A Kiss
Oscars 2022: Every Academy Award Winner
Shane Warne (1969-2022): Australian cricket legend's life in pictures
Photos: What Russia's invasion of Ukraine looks like on the ground
Lata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'
PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Hockey India on Monday announced the 20-member squad for the Men's Junior Asia Cup, a qual
- Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award
- World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17
- U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals
- FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup
- Hockey, cricket, wrestling, badminton, squash axed from 2026 CWG in Glasgow
Stock Market Today: RBI rate cut fails to boost market, Sensex falls to trade in red Last Updated : 27 Mar 2020 01:50:37 PM IST 
file photo Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut of 75 basis points.
The 30-stock Sensex tumbled after gaining over 1,100 during the initial trade.The RBI Governor's grave concern over the global economy and a likely slowdown in India appeared to have dampened the initial euphoria in the market.At 12.50 p.m., Sensex was trading at 29,692.03, lower by 254.74 points or 0.85 per cent from the previous close 29,946.77.It had opened at 30,747.81 and touched an intra-day high of 31,126.03. So far, it has touched a low of 29,360.69 points.The Nifty50 on the National Stock Exchange was trading at 8,627.95 lower by 13.50 points or 0.16 per cent from its previous close.On the Sensex, Axis Bank, State Bank of India and NTPC gained the most so far, while Bharti Airtel, IndusInd Bank and Maruti Suzuki lost the most.In a much anticipated move, amidst the novel coronavirus pandemic, RBI Governor Shaktikanta Das announced a 75 bps cut in repo rate to 4.4 per cent.He, however, noted that that there is high probability of parts of the global economy slipping into a recession."Expectations of a shallow recovery in 2020 from 2019's decade low in global growth have been dashed," Das said."The outlook is now heavily contingent upon the intensity, spread and duration of the pandemic. There is a rising probability that large parts of the global economy will slip into recession."
IANS New Delhi For Latest Updates Please-
Join us on
Follow us on
What binds the two most talked about nations - India and Pakistan together? What makes the
Raipur-based lawyer Faizan Khan – who was arrested in connection with the extortion-cum-
LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte
172.31.16.186
