Market highlights: Sensex, Nifty tank; Zee jumps on merger approval with Sony; RBI retains repo rate
Stock Market Close: Sensex and Nifty shed sharply by around 0.5% as RBI sticks to the repo rate while CPI inflation forecast for FY24 was raised to 5.4%. Sensex shed 300 pts and Nifty 90 pts with Bank stocks coming under pressure. NCLT approves Zee-Sony merger.
