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24 January, 2021 21:11 IST
Sensex jumps 447 points to close above 45k
Source: IRIS | 04 Dec, 2020, 05.29PM
Rating: NAN / 5 stars.
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Indian equities rallied further for the second day on Friday after RBI left the key rates unchanged. Both Sensex and Nifty traded at a new life time high.

The Monetary Policy Committee (MPC) on December 4 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4%.

Consequently, the reverse repo rate under the LAF remains unchanged at 3.35% and the marginal standing facility (MSF) rate and the Bank Rate at 4.25%.

At the close, the benchmark 30-share index, BSE Sensex added 446.90 points or 1% at 45,079.55 with 23 components registering rise. Meanwhile, the broad based NSE Nifty climbed by 124.65 or 0.95% at 13,258.55 with 36 components registering rise.

Biggest gainers in the 30-share index were ICICI Bank (4.20%), UltraTech Cement (4.10%), Sun Pharmaceutical Industries (3.80%), Bharti Airtel (2.91%), Hindustan Unilever (2.85%), State Bank Of India (2.77%), and Larsen & Toubro (2.15%).

On the other hand, Reliance Industries (0.86%), Bajaj Finserv (0.74%), HCL Technologies (0.34%), Housing Development Finance Corporation (0.17%) and NTPC (0.10%) were the biggest losers in the Sensex.

Market breadth was negative with 1,646 advances against 1,249 declines.

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