Indian benchmark indices ended in the green for the second consecutive day on Friday (April 17) after Reserve Bank of India (RBI) announced significant measures aimed at infusing liquidity in the system.
Read here the complete statement of RBI Governor Shaktikanta Das to boost liquidity and expand bank credit.
Reserve Bank of India Governor Shaktikanta Das addressed the media amid the ongoing coronavirus crisis the country is going through.
It is be noted that May 1, 2 and 3, 2020, are bank holidays. As per the revised timings, the RBI regulated market opens at 10 AM instead of the earlier 9 AM. The closing timings too have been revised to 2 PM for all segments.
The gains came ahead of the briefing by the Reserve Bank of India`s (RBI) Governor Shaktikanta Das at 10 a.m. today.
Gross domestic product (GDP) fell 6.8% in January-March year-on-year, official data showed on Friday, larger than the 6.5% decline forecast by analysts in a Reuters poll and reversing a 6% expansion in the fourth quarter of last year.
TCS hired 24,179 employees on a net basis in FY 2020, taking up the total headcount to 448,464 as of March 31, 2020. The workforce is young and very diverse, comprising 144 nationalities and with women making up 36.2% of the workforce.
During the session, the rupee moved between 76.68 and a low of 76.87 against the US dollar. It had settled at 76.44 against the greenback on Wednesday.
The cardless cash withdrawal option comes with a daily transaction limit as well as per transaction limit which ranges from Rs 10,000 to Rs 20,000 depending upon banks.
Except for the IT and FMCG, all other sectoral indices ended in the green today, while 1596 shares advanced, 743 shares declined and 148 remained unchanged.