42: 22.05.2020 | Markets snub RBI rate cuts, decline 1% | Indian share market news
Indian stock markets remained under selling pressure throughout the day after the Reserve Bank of India reduced key interest rates. What spooked investors was that the RBI governor Shaktikanta Das said that India's GDP growth may be in negative for FY21. The BSE Sensex ended at 30,672.59, down 260.31 points or 0.84%. The Nifty closed at 9,039.25, down 67 points or 0.74%
