Share Market Update: Sensex ends 433 points lower, Nifty at 11,174; BPCL declines over 3%
businesstoday.in | Updated Oct 4, 2019 4:25 PM IST
<div>Share Market Update: Benchmark Sensex and Nifty fell to bearish territory and closed 1.15% lower each on Friday as the RBI in its monetary policy outcome passed a 25 bps repo rate cut. Sensex closed 433 points lower at 37,673 level and Nifty ended 139 points lower at 11,174. Sectorally except IT, all the major industry indices ended the day's trade in red, with highest losses registered in the banking and media scrips.<p> </p></div><p> </p>

Indices rise ahead of RBI policy meet outcome

Sensex gainers/losers

Thursday market action
Action in mid caps and small caps
Positive market breadth
IT, banking stocks lead gains
FIIs, DIIs trades
Rupee rises
Brent crude rises
RBI month bi-monthly monetary policy review
The bi-monthly monetary policy review tomorrow (October 4) will be keenly watched as few new developments have taken place post the last review in August. Even RBI Governor Shaktikanta Das was surprised when GDP growth fell to 5 per cent in the first quarter of the current fiscal. Another surprise was when the government cut corporate tax, leaving a big hole of Rs 1.45 lakh crore in tax revenues. The debacle of the PMC Bank has also created uncertainty in the financial system. Four things to watch out for in RBI's monetary policy review
NTPC's installed capacity reaches 57,000 MW
Market ahead of the meet
YES Bank's CFO Rajat Monga quits
"Rajat has decided to move on. For the past two years he has been carrying a lot of load and needed some time off... so has decided to leave," Gill reportedly said.
YES Bank group president and former chief financial officer Rajat Monga quits