Highest put option open interest contract was added at a strike price of 16000 for expiry on 09-Jun-2022

The Reserve Bank of India upped the repo rate by 50 basis points today, as expected. What influence, though, might debt fund investors have?

The company is engaged in the exploration, development & production of crude oil and natural gas in India, both onshore as well as offshore.

On Wednesday, the benchmark indices remained under pressure post the repo rate hike. RBI hiked the key policy repo rate by 50 bps to 4.90 per cent whereas the markets were relieved, as there was no CRR hike. The repo rate hike by RBI is likely to impact the home loan borrowers, both the existing as well as the new ones. While the hike is positive for the banks and the NBFCs, it is likely to be a burden for the borrowers. 

Nifty 50 also ended in the red territory at 16,356 levels, falling by 60 points.

The demand for solar glass continues to rise and this places Borosil Renewables Limited in a comfortable position, reveals Executive Chairman Pradeep Kheruka in this exclusive interview. 

ITD Cementation India, Infibeam Avenues, and Forbes & Company are today’s day movers!

BSE Smallcap index slipped 0.33 per cent to close the session at 25,978.00.

Indices closed lower for the fourth consecutive day as Nifty falls below 16,400, down by 0.37 per cent.

At 2.30 pm on Wednesday, the core equity indices, i.e. Sensex and Nifty 50 were trading on the lower side as the markets reacted to the rate hike by RBI.