Markets unaffected by policy review

The BSE Sensex is now at 15,297. The NSE Nifty is now at 4,549, down 22 points.
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(Updated 1209 hrs)

The markets seem to be unaffected by the RBI's monetary policy review. The RBI today in its first quarterly review of the monetary policy, as expected, left all key rates - repo, reverse repo, CRR - unchanged.

The Sensex which tumbled to a low of 15,240, prior to the policy review is now down 86 points, at 15,288.

The Bankex was down ahead of credit policy review and is now down 1.5%, at 8,209. ICICI Bank has declined over 2% to Rs 741.
HDFC Bank and SBI have decreased 1.5% each to Rs 1,414 and Rs 1,684, respectively.

Infosys has shed nearly 2% to Rs 1,985.

Reliance and HDFC have slipped 1.5% each to Rs 1,906 and Rs 2,333, respectively. Maruti Suzuki is down 1.5% to Rs 1,353.

Tata Motors has soared 5.5% to Rs 396. DLF has gained nearly 4% to Rs 428.

The NSE Nifty is now at 4,546,down 26 points.

The market breadth is fairly positive - out of 2,394 stocks, 1,439 have advanced, while 877 have declined.