edged lower in Friday’s late morning deals after the Reserve Bank of India (RBI) maintained status quo and left repo rate unchanged at 4 per cent, while the stance remained accommodative.
The S&P BSE Sensex hovered around 52,130 levels, down 120 points, and the Nifty50 index was once around the 15,650-mark. ONGC gained 2 per cent, and was once the top Sensex gainer, followed by Larsen & Toubro and Mahindra & Mahindra (both up 1%).
The Nifty sectoral indices were mixed, with Nifty Bank index, down 0.37 per cent, bleeding the most.
Meantime, the broader markets outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.33 per cent and 0.6 per cent higher, respectively.