Sensex slips 286 points after RBI move
07 Aug 2019
Mumbai: In a bid to strike a balance between the “inadequate” 25 basis points (bps) and “excessive” 50 bps, the RBI on Wednesday slashed key policy rates by an unconventional 35 bps, but markets slid as it revised down the economy’s growth forecast. Metal, PSU banks, auto and realty stocks contributed