Sensex dips 132 points as RBI cuts GDP forecast to 9.5 pc

Updated:5 years ago

Mumbai, June 04 (ANI): Equity benchmark indices closed lower on Friday as the Reserve Bank of India (RBI) maintained status quo on key interest rates but cut FY22 GDP forecast to 9.5 per cent due to Covid-19 pandemic's impact on lives and businesses. The BSE S&P Sensex closed 132 points or 0.25 per cent lower at 52,100 while the Nifty 50 slipped by 20 points or 0.13 per cent to 15,670.Sectoral indices at the National Stock Exchange were mixed with Nifty metal gaining by 1.3 per cent but Nifty private bank and FMCG dipping by 0.8 per cent by 0.4 per cent respectively.

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Sensex dips 132 points as RBI cuts GDP forecast to 9.5 pc

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