Monday 1 February 2016

Sensex ends 46 points down @ Live Market Update

Sensex ends 46 points down ahead of RBI monetary policy review, Nifty settles at 7,556; Banking stocks fall
Sensex closed 45.86 points down at 24,824.83 on Monday, while Nifty settled 7.60 points down at 7,555.95.
The BSE Sensex and NSE Nifty closed in red on Monday ahead of the Reserve Bank of India’s (RBI) monetary policy review scheduled for Tuesday. The sentiments remained under pressure after Standard & Poor’s Ratings Services stated that India will face challenges in sticking to the fiscal consolidation roadmap as the expected revenues may not be fully realised and subsidy cuts may be delayed.
Sensex closed 45.86 points down at 24,824.83, while Nifty settled 7.60 points down at 7,555.95.







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