Q2 Monetary policy review, Rupee, Sensex, Mineral production

Wed Dec 18 2013, 18:39 hrs
The RBI had been widely expected to raise the repo rate , after lifting the country's main lending rate by 25 basis points each at its previous reviews in Sept and Oct. It instead opted to keep the country's main lending rate at 7.75 percent. (Graph:PTI)
The RBI had been widely expected to raise the repo rate , after lifting the country's main lending rate by 25 basis points each at its previous reviews in Sept and Oct. It instead opted to keep the country's main lending rate at 7.75 percent. (Graph:PTI)
The BSE Sensex index rose by 247.72 points, or 1.20 per cent, to 20,859.86. Overall, nearly 1,500 stocks, or 6 out of every 10 traded on BSE rose, helping investor wealth rise by Rs 85000 crore.(Graph:PTI)
The BSE Sensex index rose by 247.72 points, or 1.20 per cent, to 20,859.86. Overall, nearly 1,500 stocks, or 6 out of every 10 traded on BSE rose, helping investor wealth rise by Rs 85000 crore.(Graph:PTI)
Rupee opened strong at 61.90 a US dollar from the previous close of 62.01 at the interbank foreign exchange market. It climbed to 61.77 on a smart rebound in domestic stocks. (Graph:PTI)
Rupee opened strong at 61.90 a US dollar from the previous close of 62.01 at the interbank foreign exchange market. It climbed to 61.77 on a smart rebound in domestic stocks. (Graph:PTI)
Rupee surrendered initial gains, losing eight paise to 62.09 against the US dollar  as concerns about the US Fed Reserve tapering its stimulus programme outweighed Rajan's surprise  decision on interest rates. (Graph:PTI)
Rupee surrendered initial gains, losing eight paise to 62.09 against the US dollar as concerns about the US Fed Reserve tapering its stimulus programme outweighed Rajan's surprise decision on interest rates. (Graph:PTI)
RBI unexpectedly kept the country's policy interest rate on hold, despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy. (Graph:PTI)
RBI unexpectedly kept the country's policy interest rate on hold, despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy. (Graph:PTI)
Mineral production fell slightly to Rs 16,412 cr in Oct mainly due to decline in coal and iron ore output. The country had produced minerals worth Rs 16,975 crore in the same month last year (Graph:PTI)
Mineral production fell slightly to Rs 16,412 cr in Oct mainly due to decline in coal and iron ore output. The country had produced minerals worth Rs 16,975 crore in the same month last year (Graph:PTI)
The BSE Sensex index rose by 247.72 points to 20,859.86. Also, NSE Nifty index shot up by 78.10 points to end at 6,217.15. RIL, HDFC Ltd and L&T lifted the 30-share Sensex where Tata Power and BHEL were among best performers in the 27 that rose. (Graph:PTI)
The BSE Sensex index rose by 247.72 points to 20,859.86. Also, NSE Nifty index shot up by 78.10 points to end at 6,217.15. RIL, HDFC Ltd and L&T lifted the 30-share Sensex where Tata Power and BHEL were among best performers in the 27 that rose. (Graph:PTI)