Markets end with slight gain as RBI hikes repo rate by 50 bps - Shahpur Turk CSC - Common Service Centre in Sonipat Markets end with slight gain as RBI hikes repo rate by 50 bps

08 August 2022

Markets end with slight gain as RBI hikes repo rate by 50 bps

Equity benchmarks ended modestly higher on Friday after the Reserve Bank raised the key interest rate in an effort to cool stubbornly high inflation and defend the rupee. Continuous foreign fund inflows into the capital markets and softening crude oil prices also helped the bourses regain momentum, traders said.

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