You are currently viewing RBI Announcement & Key Takeaways| NIFTY holds 8600 |  27 MARCH 2020

RBI Announcement & Key Takeaways| NIFTY holds 8600 | 27 MARCH 2020

Dear Reader,

We are now on Telegram! Get our latest views on stock markets and more, instantly. Join our Telegram channel here!

Nifty closed in green for the Forth day. Nifty was up 18.80 points or 0.22% at 8660.25.

Sensex was down 131.18 points or 0.44% at 29815.59.

India VIX falls 0.77% and closed at 70.98.

Among the sectors, Bank Nifty gained 2 percent while auto, media and realty stocks dragged.

Please See our Dashboard report below

Market Daily Report

Nifty Trend

NIFTY 50 Open High Low Close
27-Mar-20 8949.1 9038.9 8522.9 8660.25

Nifty trend

BankNifty Trend

NIFTY BANK Open High Low Close
27-Mar-20 20801.6 21462.4 19580.1 19969

BankNifty trend

VIX Trend

INDIA VIX Open High Low Close
27-Mar-20 71.53 73.03 65.63 70.98

VIX trend

Sectorwise Change :

Read more here for detailed report on SECTORS – Indian Stock Market.

New 52Week Lows in NIFTY :

After a month period, today no stocks have hit their 52 Week lows.


  • Tata Motors to hive off passenger vehicles business into a separate unit.
  • RBI Governor Shaktikanta Das announces rate cut.
  • RBI cuts repo rate 75 basis points to 4.40%.

Key Takeaways:

1. Repo rate reduced by 75 basis points to 4.4%
2. Rev repo reduced by 90 basis points to 4%
3. GDP growth for Q4 19-20 and FY 20-21 to be affected
4. Aggregate demand may weaken
5. Future outlook uncertain and negative
6. CRR reduced by 100 basis points to 3% for 1 year to release 1.37 lakh crores
7. Min daily CRR balance reduced from 90% – 80% till 30/06/2020
8. 3.74 lakh crore liquidity injected
9. 3 month moratorium on payment of instalments of Term Loan outstanding
10. Interest on WC facilities to be deferred by 3 months
11. Such deferment not to be considered for NPA
12. Revised DP calculations by reassessing WC cycle
13. All measures not to effect credit history
14. Total liquidity injection 3.4% of GDP

Please follow us in Facebook and Telegram Channel for daily reports.

Share with your friends if you like

Leave a Reply