Sensex 425 pts, Nifty crosses 8000, now market eyes on RBI . The US central bank Federal Reserve’s decision to not increase interest rates in developed markets including the US, even though frustrating, but is seeing a sharp rise in emerging markets.
Sensex and Nifty domestic stock market after the decisions are trading with a gain of 1.50 per cent. Sensex up 425 points and Nifty 125 points above the 8020 level of 26 385 is on.
Market experts say that the market now RBI Governor Raghuram Rajan’s eyes are set on the decision. September 29 decision to cut the policy interest rates to rise in the market is huge. However, interest rates are falling, the market could return disappointment.
Shopping in the sector index of NSE in today’s business environment remains. Bank, auto, realty index has risen by two per cent. In the atmosphere of this fast since August 31, 8000 Nifty level is exceeded.
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