Sensex ends 78 points up as RBI leaves rates unchanged
The benchmark Sensex closed just 78.04 points or 0.42% higher at 18,542.31 after the Reserve Bank of India left key rates unchanged in its mid-quarter monetary policy review, according to exchange data.
Source: freepressjournal.in · July 21, 2026 at 6:22 PM · AI-assisted report
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KUALA LUMPUR, 22 JULY 2026 —
The benchmark Sensex closed just 78.04 points or 0.42% higher at 18,542.31 after the Reserve Bank of India left key rates unchanged in its mid-quarter monetary policy review, according to exchange data.
Market Impact
Investors trimmed gains following the decision, paring the Sensex from an intraday high of 18,715.03, the bourse said. The S&P CNX Nifty added 32.35 points, or 0.58%, to end at 5,610.
Eighteen of the 30 Sensex stocks advanced, led by Reliance Industries, State Bank of India, Larsen & Toubro and Bharat Heavy Electricals, exchange data showed. The index’s nine-day winning streak was its longest since October 2007.
Reliance Industries regained its status as India’s most valuable firm, with a market capitalisation of Rs 2.82 lakh crore after its shares rose 3.89% to Rs 873.65, the bourse said. Tata Consultancy Services slipped 5.03% to Rs 1,340.90, trimming its market value to Rs 2.62 lakh crore.
The rupee strengthened 29 paise to 54.01 per dollar, supported by capital inflows, despite the Reserve Bank injecting Rs 17,000 crore through a cut in the cash reserve ratio, central bank data showed. The currency had climbed since the U.S. Federal Reserve’s QE3 announcement and India’s new foreign direct investment rules.
European stocks fell on renewed debt concerns for Spain and Greece, while Asian markets surged to a four-month high on stimulus-led optimism, regional exchange data showed. Financials, energy, autos and metals led buying, while technology, consumer goods and pharmaceuticals lagged.