1. RBI has reduced its repo rate by 25 points to 6 percent, supported by lower inflation projections. The apex bank also revised its GDP growth projection for 2018-19 to 7 percent from 7.4 percent while FY20 growth is estimated at 7.2 percent.
2. Brent Crude prices closed higher at about US$69.3 per barrel as compared to previous week's close of US$67.8 per barrel.
3. Gold prices closed slightly lower at about $1292 per ounce as compared to last week's closing price of $1296 per ounce.
4. Bond yields ended slightly lower at 7.34 percent as compared to the previous week’s close of 7.35 percent.
Related Items
Forget gold and silver! market for other metals is also shining bright…
Gold obsession locks trillions of rupees in vaults
Financial reports with 'fake' positive headlines boost stock prices