Sensex loses over 200 points as RBI hikes lending rates
The RBI on Wednesday hiked its key lending rate by 25 basis points to bring the repo to 6.50 per cent citing upside risks to inflation.
The RBI on Wednesday hiked its key lending rate by 25 basis points to bring the repo to 6.50 per cent citing upside risks to inflation.
Meanwhile, the NSE Nifty touched a new intra-day high of 11,283.40, before closing at a record 11,278.35 -- showing a gain of 111.05 points, or 0.99 per cent.
