Indian stocks edged higher in a choppy trading session after the Reserve Bank of India (RBI) announced reduction in Statutory Liquidity Ratio by 50 basis points while keeping its main lending rate viz. the repo rate unchanged after a monetary policy review today, 3 June 2014. Key benchmark indices closed at record highlevel, CNX Nifty shut shop at 7415 (highest ever closing) up by 53.35 points.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 30 advances to 19 declines, 1 unchanged.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 30 advances to 19 declines, 1 unchanged.
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