The BSE benchmark rose 963.87 points, up 1.21%. Eight leading firms added Rs 1,83,290.36 crore, led by TCS, Infosys, Reliance, ICICI Bank, LIC, Hindustan Unilever, ITC, and SBI. TCS increased by Rs 38,894.44 crore, Reliance by Rs 32,611.36 crore. HDFC Bank and Bharti Airtel saw declines in market valuation.
RBI likely to keep status quo on policy rate as threats loom
A majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This