Sensex falls marginally ignoring RBI policy; Realty hit most

A benchmark index for Indian equities on Tuesday closed the choppy session on a flat note as traders consolidated their portfolios after a two-day rally. D Subbarao governor of the Reserve Bank of India (RBI) announced a hike of 25 basis points in the repo and reverse repo rates in the mid-year review of its credit policy. The CRR however has been left untouched at 6%.



The 30-share sensitive index BSE Sensex, which opened at 20,407.18 points, closed at 20,346 points, down 10 points or 0.05% from its previous close at 20,355.63 points. At the National Stock Exchange (NSE), the 50-share S&P CNX Nifty ended at 6,112.75, up 1.45 points.

Broader markets closed mixed. The BSE midcap index ended 0.42% higher, while the BSE smallcap index moved up 0.09%.

BSE Realty, fell the most with drop of 2.58% followed by Oil & Gas, Metal, and Auto index.

BSE Consumer Durables index was the top gainer with 1.7% rise, the BSE Capital Goods index gained 1.4% and BSE IT index gained 0.6%.