- Cement stocks surge up to 9% after acquisition news of Ambuja, ACC – Brokerage sees up to 35% upside in these two scrips
- Eicher Motors share price: Stock top Nifty gainer, jumps over 6% intraday after healthy Q4 results – brokerages see up to 22% up
- Vivo X80, Vivo X80 Pro India launch this week - Check expected price, specifications and other details
- Adani Group acquires Switzerland-based Holcim's controlling stake in Ambuja Cements and ACC Ltd for $10.5 billion
- Government asks States, UTs and FCI to continue wheat procurement under central pool till May 31 – know detail here
Market review: Why BSE Sensex and Nifty are under stress after RBI policy announcement
Updated: June 6, 2019 14:50 pm
Following the announcement of the credit policy by RBI, Nifty50 fell below the 11900-mark while the BSE Sensex also dropped several points. The stock market was not enthused with the RBI's announcements as it appeared that the central bank is not aggressive in solving liquidity crisis, problems of banks and NBFCs. Markets are, hence, facing heavy stress after the credit policy announcement.