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Markets:Market mood hinges on RBI stance this week
News Behind The News
 
October 26, 2009

The Bombay Stock Exchange (BSE) Sensex rose for the first time in four days last week. Sensex, added 21.07, or 0.1%, to 16,810.81. The advance pared this week’s decline to 3%, the biggest drop in almost three months. The S&P CNX Nifty rose 0.2% to 4,997.05. “All indicators are in favour of Indian equities,” said Apurva Shah, head of research at Prabhudas Liladher, who has a 12-month target of 19,000 for the Sensex.

Analysts feel that investors are keenly awaiting RBI’s monetary poli ...









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