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Market LIVE: Nifty turns positive, reclaims 16450, Sensex flat after repo rate hike; Realty, Banks top gainers – The Financial Express

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading volatile on Wednesday. After extending losses briefly, benchmark indices turned positive after the Reserve Bank of India (RBI) retained the GDP growth forecast at 7.2 per cent and hiked policy rate by 50 basis points. This was the second raise in a row this year, which came in-line with Street’s expectations. The BSE Sensex was up 190 points to 55,298 and the NSE Nifty50 was up 59 pts to 16,476. Tata Steel, NTPC, Dr Reddy’s, State Bank of India (SBI), Axis Bank, HDFC Bank, Wipro were among top index gainers. On the flip side, Nestle India, Hindustan Unilever (HUL), Sun Pharma, Maruti Suzuki, Infosys, Reliance Industries Ltd (RIL) were among top index draggers. Nifty Bank index was up 0.1 per cent.

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