Equity Market Update : 31.10.2018 12.41 Pm

Equity Market Update : 31.10.2018 12.41 Pm



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This Week - Weekly Sector Report

* Paring all the early losses, Indian benchmarks turned positive amid concerns that the Reserve Bank of India's (RBI) governor Urjit Patel may resign today owing to differences with the central government.

* Markets will keenly watch the decision of Reserve Bank of India's governor, Urjit Patel. The rift between India’s central bank and the government has widened and could lead to the Reserve Bank of India (RBI) governor considering resignation, television channels reported on Wednesday, citing sources.

* There has been an irreversible breakdown between the RBI Governor Urjit Patel and the government, the media reports said, adding that all options were on the table.

* At 12:30 hours, the 30-share benchmark index was trading at 33943.66 up by 52.53 points


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