Nifty Bank falls close to 1% after RBI maintains status quo

Market Close: Benchmark indices witnessed volatile session and ended lower on December 5 after Reserve Bank of India (RBI) kept its repo rate unchanged at 5.15 percent with accommodative stance.

At close, the Sensex was down 70.70 points at 40,779.59, while Nifty was down 24.80 points at 12,018.40. About 1111 shares have advanced, 1339 shares declined, and 188 shares are unchanged.

Zee Entertainment, TCS, ITC, L&T and Britannia Industries were among major gainers on the Nifty, while losers were JSW Steel, Coal India, Bharti Airtel, IndusInd Bank and Tata Steel.

Among sectors, except IT and FMCG all other indices ended in the red led by the metal, bank, pharma, auto and energy.

News Source: Moneycontrol

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