RBI Policy Rates

Interest rate sensitive stocks traded in a narrow range. Realty stocks, however, bucked the trend with the Nifty Realty index rallying over 1 per cent post the development.

For 2019-20, the Centre had estimated average crude price of $55 a barrel, and for 2020-21, it has been assumed at $50 a barrel.

As for deposits, when banks pare down the rate, it is only for fresh deposits. The old deposits attract the earlier rate.

The rupee had opened on a weak note at 70.92 at the interbank forex market, then fell further to 70.99 against the dollar

SBI said that the 'best is yet to come' and the RBI's inflation targets will be undershot by up to 0.50 percentage points

The bank may toughen its warning against inflation, lying on the ground for a hike in 2018 after prices accelerated at the fastest pace in the last 17 months