Indian benchmark indices entered into positive territory after the announcement of RBI policy decision. Nifty50 closed 0.81 percent higher at 17,605.85 and Sensex ended at 58,926.03, up 0.79 percent. Here are key stocks that moved the most in today's trade:
Solara Active Pharma Sciences | The company reported a net loss of Rs 139.8 crore for the quarter ended December, as against a net profit of Rs 65.8 crore for the corresponding period a year ago. Its quarterly revenue plunged nearly 88 percent YoY to Rs 100.3 crore. With this, the company's stock closed 20 percent lower at Rs 775.05.
Banks | Nifty Bank, Nifty Financial Services and Nifty Private Bank ended 1-2 percent higher after RBI's MPC kept key interest rates on hold. RBI Governor Shaktikanta Das said the MPC voted unanimously to keep the repo rate unchanged at 4 percent and the reverse repo rate on pause at 3.35 percent. Rate-sensitive stocks were largely in the positive territory after the policy outcome.
Page Industries | The company's shares closed 3.36 percent lower at Rs 40,989 after Page Industries operational performance in Q3 FY22 disappointed the Street.
NDTV | New Delhi Television Group has reported the most profitable quarter in the last nine years. The television arm of the company, NDTV, has doubled its year-to-date profit to Rs 41.4 crore and is an all-time best for the TV branch. Reacting to this, shares of NDTV settled 19.97 percent higher at Rs 140.85.