The repo rate now stands 50 basis points higher at 5.9%, with other rates going up by the same magnitude. An ET poll of economists and investors had pegged the rate increase at 50 bps. Retail inflation is hovering at a multi-year high, having touched 7% in August and likely to have accelerated further in September.
Market Trading Guide: Maruti Suzuki, NMDC among top 6 stock recommendations for Monday
Indian equities tracking positive global cues ended higher on the last trading day of the week. Nifty at the close edged higher by 0.25% to