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Stock Market Updates: After the announcement of RBI, the market jumped, Sensex rose by 800 points

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Stock Market Updates: Releasing the results of the monetary policy review today, RBI has kept the interest rates unchanged and due to this, there was a huge jump in the stock market immediately. After gaining 809.07 points or 1.40 per cent in the Sensex, trade is being seen at 58,442.72 and the levels seen immediately after the policy of RBI show that the market has welcomed this policy of RBI.

Nifty also showed a jump
The policy of RBI has proved to be ‘No Shock, No Surprise’ policy and it has been welcomed in the stock market. Immediately after the announcement of the policy, Nifty 50 has seen a strong jump of 232.90 points or 1.36 percent and it has crossed 17,409.60.

Bank Nifty sees great growth
Obviously, there is a good sentiment in the banking sector due to the policy of the Reserve Bank and this is being indicated by the level of Bank Nifty. Bank Nifty has reached 37,154.80 after gaining 536.40 points, or about one and a half percent, after the announcement of RBI to keep the repo rate at 4 percent.

Nifty Financial Services also jumped
Nifty Financial Services is also trading with strong gains and it is trading at 18,228.90 with a gain of 250 points or 1.4 percent. The biggest rise in the banking sector is seen in ICICI Bank and it is up 2.26 percent.

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