Chalet Hotels was the first major IPO to hit the market in nearly four months
On the BSE, Chalet Hotels ended at Rs 290.40 per share, a 3.71 per cent higher against issue price. The stock hit an intra day low of Rs 250.15 and a high of 295.30
It was the first monetary policy meeting under the new governor Shaktikanta Das, who took over as Governor, RBI after the abrupt exit of Urjit Patel from the office in December last year.
All that happened in markets today
Here're the key takeaways from the sixth bi-monthly monetary policy meet of RBI -
Muthoot Finance surged 8 per cent to Rs 523, trading close to its record high of Rs 550 touched on January 24, 2019, while Manappuram Finance soared 9 per cent to Rs 105 on the BSE.
Ashok Leyland, TVS Motor, Bajaj Auto, Apollo Tyres, Motherson Sumi Systems, Tata Motors, Hero MotoCorp and M&M were up between 2% and 5% on the NSE.
Reliance Capital, Reliance Home Finance and Reliance Naval and Engineering were down between 33 per cent and 35 per cent.
Tata Motors is scheduled to report it December quarter earnings today. The result will be watched for current demand trends for JLR and outlook for key markets.
The stock was up 5 per cent at Rs 436 on the BSE in intra-day trade after its US subsidiary Taro Pharmaceutical reported strong results for the quarter ended December 2018.
At 10:27 AM, the stock was trading at Rs 31.40, up 5.37 per cent from the previous close. Over 2.06 crore shares were trading on the BSE and National Stock Exchange (NSE) so far.
The central bank is expected to change its stance to neutral from calibrated tightening, owing to benign inflation.
Real interest rates in India are among the highest in Asia, and calls for the first cut in the policy rate since August 2017 have been growing
Here's a look at the top stocks that may remain in focus today -
All eyes are set on the outcome of the Reserve Bank of India's (RBI) bi-monthly monetary policy meeting, which is slated to be unveiled at 11:45 am today.
Perception of comfortable liquidity is different for RBI and markets
Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP - Technical (Equity), Tradebulls Securities.
Need for a separate unified regulator arose after the existing regulators expressed concerns that transactions in GIFT City can have an impact on the domestic markets
The move comes amid unprecedented intra-day slide in shares of companies in the Anil Ambani, Adani, and Essel groups
The 10% rebound in the Nifty from its October lows is on account of gains in index heavyweights such as ICICI Bank, HDFC and RIL