RBI policy impact: Sensex rallies over 500 pts, Nifty tops 11,200
According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the pause in policy rates and accommodative stance reflect the central bank's concern about inflation which it feels has risk on the upside.
Domestic equity benchmark Sensex rallied over 500 points in afternoon session on Thursday after the RBI maintained an accommodative stance to support the coronavirus-hit economy, Photo: Reuters